The 1% tax that has India’s crypto industry predicting chaos - Economic Times

Crypto-exchange executives, lawyers and tax analysts warn that the TDS will suck liquidity out of the market by forcing high-frequency traders to dramatically curtail their trading. Combined with the governments decision not to permit offsetting of trading lo…

When Indias government unveiled a plan to tax crypto assets in February, it was the 30% rate on income from digital-asset investments that grabbed headlines. But its a different levy that has the ind… [+4789 chars]

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