LUNA 2.0 airdrop attracts taxation of up to 30% in India

LUNA 2.0 airdrop attracts taxation of up to 30% in India


Cryptopolitan
2022-06-06 10:04:12

The LUNA 2.0 tokens obtained through the airdrop would be subject to a 30% tax in India. In addition, Indian crypto investors will be unable to offset losses with profits due to the country’s tax laws. The country’s crypto sector is heavily taxed, which means that all funds received, whether voluntarily or not, are subject...