🤔क्रिप्टो पर भारत का रुख क्या रहा है?🤔
It is to be noted that last year, even though the government had come up with a tax on cryptocurrencies, it had not announced any regulation. In fact,
From April 2022, India announced a 30 percent income tax on profits from cryptocurrencies. Also, the rules related to 1 percent TDS on cryptocurrencies came into effect in July 2022.
As a result of harsh tax policies on Indian crypto investors, most of them have moved from domestic exchanges to foreign cryptocurrency exchanges. In fact, these tax laws have hampered the growth of Indian crypto exchanges.