“Finance Minister Nirmala Sitharaman on Friday said that it was a “sovereign right” of the central government to impose taxes on cryptocurrency transactions. She was replying to the Rajya Sabha on the general discussion on the Union Budget.
While commenting on profits made from cryptocurrency transactions, the finance minister said: “[Whether it is] legitimate or illegitimate, it is a different question, but I will tax because it is a sovereign right to tax.”
#CryptoTax #Cryptocurrency #Bitcoin #DigitalCurrency #NirmalaSitharaman”
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