you may have to pay 18% Goods and Services Tax on bitcoin transactions

best cryptocurrency to invest in 2020

In India bitcoin transactions may soon come under the perview of Goods and Services Tax (GST). As per estimates Bitcoin transactions in the country is estimated to be around Rs 40,000 crore per annum. As per a report in the Times of India, government is weighing a proposal to impose 18% GST on bitcoin transactions.

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crude Oil Mixed On Doubts About Extension Of Current Production Cuts

live crude oil price in dollar

Crude oil is under some pressure today as the OPEC+ meeting will not be held on June 4. According to Reuters, the meeting may still take place this week in case the countries which have not complied with their quotas agree to cut oil production according to the original deal.

Read Morecrude Oil Mixed On Doubts About Extension Of Current Production Cuts

crude Oil prices mostly lower as traders await next move for OPEC+

live crude oil price in dollar

Crude oil futures traded mostly lower today, after settling at a three-month high in the previous session, amid reports that a meeting of crude producers won’t happen on Thursday as had been expected, raising doubts about a willingness to substantially extend global production cuts that taper after the end of June.

Read Morecrude Oil prices mostly lower as traders await next move for OPEC+