Indian Tech Industry Association writes to the country's finance minister: Crypto tax rules should be included in the '2022-23 Indian federal budget'

time:2022-01-08 00:30 source:Internet

IndiaTech, the Indian tech industry association, has written to the country’s finance minister asking for clarification of crypto tax rules. IndiaTech, an industry association representing Indian internet startups, including crypto startups, wants the Indian government to include crypto tax rules in the “2022-23 Indian Federal Budget.” Rameesh Kailasam, president and CEO of IndiaTech, said that while a bill on cryptocurrencies may still be a work in progress, the budget should address tax and related issues quickly to ensure clear crypto tax rules before the end of the fiscal year and in the years ahead, Also helps clear up confusion for crypto startups and investors.

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