🚨🇮🇳 BIG MOVE FOR INDIA’S CRYPTO SCENE! 🚨



The Central Board of Direct Taxes (CBDT) has officially reached out to crypto exchanges for feedback.

Why this matters:

🔹 1% TDS rule is making trading costly & unattractive.

🔹 30% flat tax (no loss offset) pushing traders to foreign exchanges.

🔹 Govt losing visibility + tax revenue as activity shifts offshore.

🔹 Industry demanding clarity on whether crypto should fall under existing tax laws or a new framework.

⚡️This is the first time the government is openly engaging with the industry.

👉 Could India finally be on the path to a friendlier crypto tax code? 🤔
TCOM1,01%
SOL3,1%
GT0,96%
BTC2,61%
ETH3,44%
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