WebFeb 1, 2024 · Finance Minister Arun Jaitley while presenting the Union Budget 2024 said the government did not consider cryptocurrencies as legal tender or coin and will take all measures to eliminate use of these crypto-assets in financing illegitimate activities or as part of the payment system. WebFeb 3, 2024 · PREVIOUSLY: Budget 2024: Cryptocurrencies not legal, will eliminate their use says Arun Jaitley The rate of Bitcoin has seen high level of volatility. Last month, it was trading for over Rs 14 lakh a unit. The price has dropped significantly since then and is now trading below Rs 5 lakh a unit.
Jaitley Puts an End To Cryptocurrency Celebrations in India
WebDec 30, 2024 · Crypto traders in Italy will be subject to a 26% capital-gains tax starting in 2024, according to a new budget that won parliamentary approval on Thursday. WebFeb 1, 2024 · New Delhi: Finance Minister Arun Jaitley today said all crypto currencies, which include bitcoins, are illegal and the government will take all measures to eliminate their use. how a bobbin works on sewing machine
Budget 2024: Crypto, Blockchain, AI” looking beyond the ‘ban’
WebFeb 1, 2024 · So, when Finance Minister Arun Jaitley said in his Budget Speech today that “the government does not consider crypto currencies as legal tender or coin and (will) take all measures to... WebFeb 1, 2024 · Last month, the I-T department sent notices to those transacting in cryptocurrency. Clarity was expected in this budget, but now there are fears of more litigation. Jaitley, however, made it clear that the government is not against blockchain, the technology that underpins cryptocurrencies. WebFeb 1, 2024 · Neither the government nor the Reserve Bank of India (RBI) has authorized any virtual currency as a medium of exchange till date but the momentum for such virtual currencies is catching up rapidly in India like other countries. how many half brothers did joseph have