Cryptocurrency Considered Property Under Indian Law | Legal & Tax Impact | Sanskriti IAS
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πBig Update on Cryptocurrency in India!
The Government of India has now clarified that cryptocurrency will be treated as βpropertyβ or βassetβ under Indian law. This means digital currencies like Bitcoin, Ethereum, Solana, etc. will legally fall under the category of movable property or digital assets, similar to gold, real estate, or shares.
β Is cryptocurrency legal in India now?
β What does βcrypto is property under lawβ mean?
β Impact on taxation (30% tax + 1% TDS)
β Crypto under PMLA (Prevention of Money Laundering Act)
β How ED, IT Department & courts will treat crypto assets
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cryptocurrency property under Indian law, crypto legal status India, is cryptocurrency legal in India, crypto as asset India, digital assets regulation India, Bitcoin property law India, cryptocurrency taxation India, PMLA crypto India, blockchain UPSC, digital economy current affairs.
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Gov apna Paisa kaha karch karti hai netao ki jach honi chahiye
Indian govt aaj tak kiya diya yeh bataoo log greeb hi rahe bas tax do jitna daiana hai.
Mat new diya kero manistron ki hum logo ko pata hai govt igenses kiya kerti hai company's ke sath
Crypto trad ko bhikhari banane na intjam kiya hai
30 per cent tax illegal hai kyuki abhi tak parliament legalise nahi kya gaya
Jai Shree Ram
ΰ€ΰ€¨ΰ₯ΰ€΅ΰ€Ύΰ€²ΰ€Ύ ΰ€¦ΰ€Ώΰ€¨ beb 3.o ΰ€Ήΰ₯ ΰ€Ήΰ₯ΰ€ΰ€Ύ
Very good decision
Hello guys … I'm also crypto investor in very large amount .. so I'm helping with anyone ..
.
Mai ye bata dena chata hu ki agar kisi ka Bitcoin me paisa invest krne pr abhi tk nhi withdraw kr paya h toh mai uska sara coin sales kr k pura Paisa lauta dunga or sara kuch investor kr samne hoga . Coins sales kr ke direct hand to hand dege but promise ye h ki mai 50% commission katu ….
Tax barabr lere h safety kon dega fir paiso ka ye nirmala madam ko bs paise chahiye kya service kon dega. Corruption ke wajh se legal nai kr re toh bina crypto ke konsa tum corruption hata liye ho desh se khud corrupt hai ye log
Bad financial policies, now this is one of the worst. Now they will treat you as criminal if you make extra profit from anywhere else. Bhai terko XRP spelling sahi nahi aata, logon ko padha raha hei.