cryptocurrencies

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There is no plan to introduce cryptocurrency by the government yet, Minister of State for Finance Pankaj Chaudhary informed Rajya Sabha on Tuesday.

Union Finance Minister Nirmala Sitharaman announced on Tuesday that income from digital asset transfers will be taxed at a rate of 30 percent. This move is seen as 'crypto tax'.

Cryptocurrencies very well make online payments secure . These are like virtual “tokens” that adhere to ledger entries internal to the system.