As Finance Minister Nirmala Sitharaman announced a 30 per cent tax on income from transfer of any virtual digital asset, there were some hilarious reaction from Twitter users. From it is now time to leave this world to ‘tax crypto, but ethically’, here’s how the internet reacted to the announcement:
India imposes 30% tax on proceeds of digital assets #cryptocurrency pic.twitter.com/DBlzsDzwX4
— Sudhanshu Ranjan Singh (@memegineers_) February 1, 2022
Crypto investors in India after govt levied flat 30% tax on crypto transactions:#cryptocurrency pic.twitter.com/JejXOJbSuA
— Elliot Alderson. (@NotThatElliot) February 1, 2022
Tax Crypto, but ethically. Treat it like anyother professional asset class. #cryptocurrency #Budget2022 pic.twitter.com/h6QuP9o0iI
— Abhilash Sankaramanchi (@_abhitweets) February 1, 2022
Nirmal ji with honorable PM, discussing the proposal of 30% tax…