Crypto tax: Government clarifies that losses cannot be set off between trades of different tokens - Moneycontrol

The industry has deemed this move as 'detrimental' to investor sentiment and has asked the government to reconsider the decision. MoS Finance Pankaj Chaudhary also clarified that costs incurred for mining infrastructure will not be deductible as costs of acqu…

In a setback for crypto investors and trading platforms, Minister of State for Finance Pankaj Chaudhary said in the Lok Sabha on March 21 that losses incurred from one kind of virtual digital assets … [+6039 chars]

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