2024-12-24T16:37:59+0800

#Businessnews #StockMarket #Bitcoin #ITAT #Crypto #BitcoinRally Bitcoin hits a new Record High, Exceeding $1.07 lakhs following President-elect Donald Trump’s pro-crypto stance, boosting the global crypto market. Meanwhile, India’s Income Tax Appellate Tribunal (ITAT) ruled that cryptocurrencies should be treated as capital assets, clarifying tax treatment for pre-2022 transactions. This landmark decision means profits from crypto sales before 2022 are considered capital gains, offering potential tax relief for long-term holders. Experts believe this clarity could encourage more Indians to participate in the ongoing Bitcoin rally, despite India’s current flat 30% tax on crypto profits introduced in 2022. Investors remain hopeful as the global and domestic crypto landscapes evolve. #cryptocurrencies #longterminvesters #Taxrelief #GlobalCryptoMarket #TrumpProcryptopolicy ----------------------- Thank You for watching! Do not forget to Like | Comment | Share ----------------------- About the channel Watch us for the best news and views on business, stock markets, crypto currencies, consumer technology, the world of real estate, bullion, automobiles, start-ups and unicorns and personal finance. Business Today TV will also bring you all you need to know about mutual funds, insurance, loans and pension plans among others. Follow us at: Website: https://www.businesstoday.in WhatsApp: whatsapp.com/channel/0029Va4Hd309hXFCqY62yD2I Facebook: https://www.facebook.com/BusinessToday twitter: https://twitter.com/business_today Instagram: https://www.instagram.com/business_today/