India crypto tax: Investors at the crossroads striving to hold assets

Al Jazeera English published this video item, entitled “India crypto tax: Investors at the crossroads striving to hold assets” – below is their description.

A tax on cryptocurrencies has come into effect in India.

From April, investors will have to pay a 30 percent tax on sales of cryptocurrencies, and will not be able to offset any losses from one against profits from another.

The country has one of the highest numbers of cryptocurrency investors in the world, but many now say future investors may not be so enthusiastic.

Al Jazeera’s Elizabeth Puraanam reports from the capital, New Delhi.

Al Jazeera English YouTube Channel

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About This Source - Al Jazeera English

The video item below is a piece of English language content from Al Jazeera. Al Jazeera is a Qatari state-funded broadcaster based in Doha, Qatar, owned by the Al Jazeera Media Network.

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