Budget 2022 cryptocurrency tax rules leave little on table for investors: 6 ways crypto investors will be impacted

At 11.45 am on 1 February, the WazirX crypto token was trading at Rs 64.50, a modest rise of 3% in the past 24 hours. But as soon as Finance Minister Nirmala Sitharaman announced the proposal to tax gains from crypto trading, the token issued by the WazirX crypto exchange shot up to Rs 84.50, gaining more than 30% in less than 30 minutes. WazirX is now down to Rs 74-75 levels, mirroring the decline in the initial euphoria that followed the