These new tax rules have become effective from April 01, 2022. Last month, Lok Sabha approved taxation rules on virtual digital assets (VDAs) or "crypto tax" that was proposed in Budget 2022-23 by clearing the Finance Bill 2022. While the 'union budget of india' was on a breakout in the related topics section, and '30 tax on crypto' was also on 'breakout' in related queries. The term 'crypto' was searched more in Daman & Diu, Chandigarh, Sikkim, Goa, and Haryana in the past 90 days. The reading reached to score of zero on April 20. While among the related queries in the past 90 days, under the term cryptocurrency, were - '30 tax on crypto' (breakout), 'trust no one the hunt for the crypto king' (breakout), 'budget 2022' (+2,750%), 'lucky block price' (+2,150%), and 'russia crypto news' (+2,100%).Īs per Google, the term “Breakout" instead of a percentage, means that the search term grew by more than 5000%.įurthermore, the term 'crypto' which stood at a record reading of 100 on February 1 dropped to 48 on the very next day and further slid from 34 to 17 on April 19. In the past 90 days, the data shows that the 'cryptocurrency' term searches were highest in Sikkim followed by Andaman and Nicobar Islands, Chandigarh, Delhi, and Daman & Diu.Īmong the related topics, the most searched for cryptocurrency term were - Union Budget of India (+2,450%), Waves - Cryptocurrency (+1,400%), Tax (+1,300%), Digital Currency (+90%), and OpenSea (+90) in the past 90 days in India. "This allows us to display interest in a particular topic from around the globe or down to city-level geography," Google said in its FAQs.Īlso, Google Trends data reflects searches people make on Google every day, but it can also reflect irregular search activity, such as automated searches or queries that may be associated with attempts to spam our search results. It’s anonymized (no one is personally identified), categorized (determining the topic for a search query), and aggregated (grouped). Google Trends provides access to a largely unfiltered sample of actual search requests made to Google. This week, the reading was 14 on April 18, 13 on April 19, and 0 on April 20.Īccording to Google, a value of 100 is the peak popularity of a term, while the value of 50 would result in half as popular, and a score of 0 means there are not enough data at this point for the term. Last week on April 16, the reading reached 10. Furthermore, from February 3 to April 19, the reading has slipped from 40 to as low as 10. The term 'cryptocurrency' on Google Trends dipped steeply from 100 reading on February 1 to 53 on the very next day (February 2).
0 Comments
Leave a Reply. |