GST on Crypto - Does the Indian Government Want to Kill the Golden Goose?

Here are the top cryptocurrency news headlines from India this week:<br />Cryptocurrencies likely to attract 28% GST: <a href="https://www.cnbctv18.com/cryptocurrency/cryptocurrencies-may-soon-attract-28-gst-like-betting-and-casinos-in-india-13418192.htm" rel="noopener">https://www.cnbctv18.com/cryptocurrency/cryptocurrencies-may-soon-attract-28-gst-like-betting-and-casinos-in-india-13418192.htm</a> ;<br />Critics call govt’s move to levy 28% GST on crypto ‘demonic: <a href="https://inc42.com/buzz/critics-call-govts-move-to-levy-28-gst-on-crypto-demonic/" rel="noopener">https://inc42.com/buzz/critics-call-govts-move-to-levy-28-gst-on-crypto-demonic/</a> ;<br />Trading volumes on Indian exchanges rise amidst crashing crypto prices: <a href="https://economictimes.indiatimes.com/tech/technology/volumes-on-indian-crypto-exchanges-jump-as-bitcoin-crashes/articleshow/91493699.cms" rel="noopener">https://economictimes.indiatimes.com/tech/technology/volumes-on-indian-crypto-exchanges-jump-as-bitcoin-crashes/articleshow/91493699.cms</a> ;<br />Crypto rout sends portfolios of most new investors in red: <a href="https://economictimes.indiatimes.com/tech/technology/trading-volumes-jump-in-india-as-bitcoin-crashes-to-30000/articleshow/91476472.cms" rel="noopener">https://economictimes.indiatimes.com/tech/technology/trading-volumes-jump-in-india-as-bitcoin-crashes-to-30000/articleshow/91476472.cms</a> ;<br />Indian exchanges and investors in a tizzy after LUNA’s dramatic collapse: <a href="https://economictimes.indiatimes.com/markets/cryptocurrency/indian-exchanges-delist-luna-after-100-crash-in-token/articleshow/91540765.cms" rel="noopener">https://economictimes.indiatimes.com/markets/cryptocurrency/indian-exchanges-delist-luna-after-100-crash-in-token/articleshow/91540765.cms</a> ; <br />Crypto exchanges want clarity on TDS liability if they move operations outside India: <a href="https://economictimes.indiatimes.com/tech/technology/cryptocurrency-exchanges-want-clarity-on-tds-liability-if-they-move-operations-overseas/artic