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Breaking: India’s Finance Minister Answers Crypto Regulation, Adani Queries

India working with G20 nations on a common regulatory framework to regulate crypto, says Indian Finance Minister Nirmala Sitharaman.

India is discussing with other G20 countries the overall planning of a common login password control framework, Indian Finance Minister Nilmarsi Salaman said at a press conference after a meeting on February 11.

Nilmarsi Salaman, the alliance's finance minister, attended a meeting of the intermediate board of the Reserve Bank of India (RBI) after the union's cost budget of 2023-24. Ktikantadas of the Reserve Bank of India in Changsha pointed to anxiety about the economic downturn and the outlook for the international economy. "the world economy is not that bad," he said. "

Data encryption involves a lot of technology, which is 99% of the expertise. We are negotiating with all countries if they can achieve a standard operating procedure that will be effective while complying with the regulatory framework. Discussions are under way with the G-20 countries at this stage. "Nilmara West Salaman said.

In the 2023-24 federal budget, the Treasury Secretary did not announce any response to login password taxes or policies and regulations. The cryptographic community estimates that India will reduce its data encryption tax by 30 per cent and TDS by 1 per cent. India's login password trading centre urged the government to cut taxes and TDS to 0.1 per cent.

The password community denounces the phenomenon of Amorie.

by wjb news
© 2023 WJB All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

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