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India Will Start Taxing Crypto Transactions Like Gambling Winnings


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India Finance Secretary T.V. Somanathan discusses India’s short-term goals in the next six months, India’s economy and his outlook for cryptocurrencies. He speaks exclusively on “Bloomberg Daybreak: Middle East.”

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6 Comments

  1. Anyone who questions the legitimacy of crypto currency can take a big hint from this situation. Anything that a government taxes is definitely a viable commodity.

  2. Crypto money. Will be another tactic of Modi like demonetization In southern part of India people already lost their money beware of this

  3. I'm new to crypto trading and I find it difficult using these strategies well. Where can I find a legit broker? than will manage my account and also teach me how to trade.

  4. < I totally agree with what you are saying. I started in crypto in August 2017, and I bought in. I was up 5x by December only to watch that disappear quickly and then watch the original investment go down by about 85% during the ensuing 4 year bear market. I took the opportunity to accumulate more over the last 4 years which was hard to do and at the same time a smart thing to do. I wish I had bought more. I am in profit for now but I am planning on using my experience and what i have learnt from Elijah Huang I have learned from you and other Youtubrs especially my mentor Elijah Huang who taught me how to make trade and increase my crypto from 11 to 27btc that no one really knows what is going to happen in the market and I know you are only saying what you think will happen based on the past. It is yours and my opinion so people should make their own investment choices based on their own research……

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