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India: Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

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India - Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore Exchanges

India - Crypto Investors Could Be Subject to 2% Levy on Purchases from Offshore ExchangesA report posits that Indians might be charged a 2% levy on crypto purchased from overseas exchanges. Charges Could Be Imposed on Indian Crypto Enthusiasts According to a report by The Economic Times published on June 22, digital currencies bought from crypto exchanges outside India could be subject to a 2% levy charge. Dubbed ‘equalization

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