Indian Crypto Exchanges Report Sharp Drop in Transaction Volume After 30% Tax Kicked
Experts feel that a steep 30% on profit, 1% TDS, and no setting-off of losses make new taxes exorbitant.
Experts feel that a steep 30% on profit, 1% TDS, and no setting-off of losses make new taxes exorbitant.
Coinbase's CEO revealed that the exchange intends to tap India's software talent in the crypto and web3 space that has
The case came to light in its full scale in January 2022 while the kingpin reportedly absconded from the country
Despite imposing a 30% tax on Bitcoin-related income, India supposedly doesn't plan to further crypto regulations until global consensus is
Chaturvedi said the heavy taxation and failure to understand the cryptocurrency industry and Web 3.0 will drive away talents from
Crypto exchanges had cited ambiguity around applicable GST slabs resulting in an underassessment of taxes.
The victim had given $19,000 to the accused for investment in bitcoin but never got it back.
Industry leaders believe uncertainty is leading to cryptocurrency brain drain, capability-deficiency.
India's travel organization MakeMyTrip introduced NFTs depicting some of the sightseeings of the country.
According to Sandeep Nailwal, India's controversial approach to the crypto space causes thousands of participants to leave to other countries.