Income from cryptocurrency is taxable in India. Cryptocurrencies are not legal tenders or fiat money in India and are not traded on stock exchanges.
Which of the following statements about cryptocurrency is correct?
Asked in GS AE PHE 28 2023 1406 2024 · Topic: Money & Banking (Money: Functions, Forms, and Measures of Money Supply)
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Answer: A. Income from cryptocurrency is taxable in In‐ dia.
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