The Internal Revenue Service is investigating whether Bitcoin and other cryptocurrencies purchased from exchanges outside the nation should be subject to a 2% equalisation tax. The equalisation levy, commonly known as the "Google tax," applies to services delivered in India by foreign e-commerce companies, but analysts are unsure how it applies to cryptocurrency. The lack of a regulatory framework makes it more difficult to comprehend the levy's significance.
LIVE
Mkt Cap $2.27T
BTC Dom 56.63 %
BTC
$64,195.00
▼ -0.50%
ETH
$1,896.47
▲ +0.00%
USDT
$0.999162
▲ +0.00%
BNB
$587.23
▼ -1.20%
USDC
$0.999583
▲ +0.00%
XRP
$1.02
▼ -2.10%
SOL
$72.66
▼ -1.10%
TRX
$0.327408
▲ +0.20%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.22
▼ -1.90%
DOGE
$0.069009
▼ -0.90%
USDS
$0.999855
▲ +0.00%
RAIN
$0.012547
▼ -0.20%
LEO
$9.75
▲ +0.20%
ZEC
$504.80
▼ -1.20%
ADA
$0.199999
▲ +6.90%
XMR
$369.37
▲ +1.60%
WBT
$55.56
▼ -0.50%
LINK
$8.14
▲ +0.20%
XLM
$0.160093
▼ -1.20%
DAI
$0.999953
▲ +0.00%
BCH
$213.39
▼ -0.40%
USD1
$0.999556
▲ +0.00%
USDE
$0.999481
▲ +0.00%
GRAM
$1.33
▼ -4.10%
Mkt Cap $2.27T
BTC Dom 56.63 %
BTC
$64,195.00
▼ -0.50%
ETH
$1,896.47
▲ +0.00%
USDT
$0.999162
▲ +0.00%
BNB
$587.23
▼ -1.20%
USDC
$0.999583
▲ +0.00%
XRP
$1.02
▼ -2.10%
SOL
$72.66
▼ -1.10%
TRX
$0.327408
▲ +0.20%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.22
▼ -1.90%
DOGE
$0.069009
▼ -0.90%
USDS
$0.999855
▲ +0.00%
RAIN
$0.012547
▼ -0.20%
LEO
$9.75
▲ +0.20%
ZEC
$504.80
▼ -1.20%
ADA
$0.199999
▲ +6.90%
XMR
$369.37
▲ +1.60%
WBT
$55.56
▼ -0.50%
LINK
$8.14
▲ +0.20%
XLM
$0.160093
▼ -1.20%
DAI
$0.999953
▲ +0.00%
BCH
$213.39
▼ -0.40%
USD1
$0.999556
▲ +0.00%
USDE
$0.999481
▲ +0.00%
GRAM
$1.33
▼ -4.10%
BTC
$64,195.00
▼ -0.50%
ETH
$1,896.47
▲ +0.00%
USDT
$0.999162
▲ +0.00%
BNB
$587.23
▼ -1.20%
USDC
$0.999583
▲ +0.00%
XRP
$1.02
▼ -2.10%
SOL
$72.66
▼ -1.10%
TRX
$0.327408
▲ +0.20%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.22
▼ -1.90%
DOGE
$0.069009
▼ -0.90%
USDS
$0.999855
▲ +0.00%
RAIN
$0.012547
▼ -0.20%
LEO
$9.75
▲ +0.20%
ZEC
$504.80
▼ -1.20%
ADA
$0.199999
▲ +6.90%
XMR
$369.37
▲ +1.60%
WBT
$55.56
▼ -0.50%
LINK
$8.14
▲ +0.20%
XLM
$0.160093
▼ -1.20%
DAI
$0.999953
▲ +0.00%
BCH
$213.39
▼ -0.40%
USD1
$0.999556
▲ +0.00%
USDE
$0.999481
▲ +0.00%
GRAM
$1.33
▼ -4.10%
Mkt Cap $2.27T
BTC Dom 56.63 %
BTC
$64,195.00
▼ -0.50%
ETH
$1,896.47
▲ +0.00%
USDT
$0.999162
▲ +0.00%
BNB
$587.23
▼ -1.20%
USDC
$0.999583
▲ +0.00%
XRP
$1.02
▼ -2.10%
SOL
$72.66
▼ -1.10%
TRX
$0.327408
▲ +0.20%
FIGR_HELOC
$1.04
▲ +0.20%
HYPE
$55.22
▼ -1.90%
DOGE
$0.069009
▼ -0.90%
USDS
$0.999855
▲ +0.00%
RAIN
$0.012547
▼ -0.20%
LEO
$9.75
▲ +0.20%
ZEC
$504.80
▼ -1.20%
ADA
$0.199999
▲ +6.90%
XMR
$369.37
▲ +1.60%
WBT
$55.56
▼ -0.50%
LINK
$8.14
▲ +0.20%
XLM
$0.160093
▼ -1.20%
DAI
$0.999953
▲ +0.00%
BCH
$213.39
▼ -0.40%
USD1
$0.999556
▲ +0.00%
USDE
$0.999481
▲ +0.00%
GRAM
$1.33
▼ -4.10%
