# India\’s New Uniform Tax Rate on Cryptocurrency Transfer Income Generates Over US $19.2 Million in Direct TaxesIndia is regarded as one of the most populated countries worldwide
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India’s New Uniform Tax Rate on Cryptocurrency Transfer Income Generates Over US $19.2 Million in Direct Taxes
On March 30th, it was reported that India has received over US $19.2 million in taxes after implementing a new uniform tax rate of 30% on cryptocurrency transfer income. According