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Crypto Transactions To Be Taxed At 30%, Check What Finance Minister Said In Budget 2022
Posted
February 1, 2022
Views
179
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0.56%
February 1, 2022
179
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4:24Now PlayingFinance Minister Nirmala Sitharaman gave the annual Budget for the year 2022 this morning. The speech consisted of a mention of the disparity between employees of State and Central Governments. The FM said that ' at present, the Central Government contributes 14% of the salary of its employees to the National Pension Fund' She added that 'to provide equal treatment to both Central and State Government employees, I propose to increase the tax contribution to NPF to 14%. She also mentioned virtual asset transactions and later said in a press conference that cryptocurrencies are assets and said that 30% of crypto transactions shall be taxed. Keep watching to know more! #Budget2022 #NirmalaSitharaman
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