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The Government Has Recently Proposed Levying A 30 Per Cent Tax On Gains Made On Cryptocurrency Trades By Investors.
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Apple pay and google pay to become unusable with cards from sanctioned. Crypto plunges by 9% as billions wiped off market. The 30 per cent plus applicable cesses and surcharge of 15 per cent on income above rs 50 lakh will have to be paid on income from cryptocurrencies, he said adding the income tax return form from next year will have a separate column to declare gains from crypto.