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Crypto Conversation: Budget 2022 –The tax treatment of crypto and other digital assets
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Ravi Mehta and Amrita Bhatnagar Hopes rode high as Finance Minister delivered her fourth Budget on February 01, 2022, with one of the key expectations being to provide clarity on the locus standi of digital assets built through crypto and block-chain technologies. These transactions had garnered massive interest especially in the last one year in India, with current ownership exceeding 100 million in numbers and $5 billion by value, as per select public domain reports.
But the government has always had...
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