Cryptocurrency Banned ..? | Tax 30% India | Future of cryptocurrency in India? | Regulated status.? – YouTube

Cryptocurrency Banned ..? | Tax 30% India | Future of cryptocurrency in India? | Regulated status.?


  • Video Views: 51
  • Published On: 2022-03-31 07:30:01
  • Video Published/Author: SK Health & Wealth
  • Video Duration: 00:03:42
  • Source: Watch on YouTube


2021 is listed for introduction in Parliament’s Winter Session seeks to prohibit all “private cryptocurrencies” in India. However, it allows for certain exceptions to promote the underlying technology of cryptocurrency and its uses.

In a major setback to cryptocurrencies in India, the Centre on Thursday clarified that they will not be accorded the status of legal tender by any means. Union Finance Secretary T V Somanathan said: “Right now, I will only say that cryptocurrencies are not going to become a legal tender. The Indian Rupee is a legal tender, while gold and silver are not legal tenders. The rest will be decided in the bill.”

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#Leagle #Banned #taxstatus #Regulated

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