During a survey conducted in 2022, around 60 percent of the respondents in India supported 28 percent or higher goods and services tax (GST) on cryptocurrencies. The GST council is reportedly considering a 28 percent tax on cryptocurrencies. In the event of tax approval, it will be in addition to the 30 percent income tax on earnings from crypto-asset transactions.
Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022
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LocalCircles. (June 17, 2022). Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022 [Graph]. In Statista. Retrieved January 08, 2025, from https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/
LocalCircles. "Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022." Chart. June 17, 2022. Statista. Accessed January 08, 2025. https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/
LocalCircles. (2022). Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022. Statista. Statista Inc.. Accessed: January 08, 2025. https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/
LocalCircles. "Opinion on Acceptable Goods and Services Tax (Gst) Rate for Cryptocurrency Transactions in India as of June 2022." Statista, Statista Inc., 17 Jun 2022, https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/
LocalCircles, Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022 Statista, https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/ (last visited January 08, 2025)
Opinion on acceptable goods and services tax (GST) rate for cryptocurrency transactions in India as of June 2022 [Graph], LocalCircles, June 17, 2022. [Online]. Available: https://www.statista.com/statistics/1319295/india-acceptable-gst-rate-for-cryptocurrency-transactions/
