The new RBI governor maintains the previous crypto stance.
This distrust is reflected in the current tax system in India. Cryptocurrency gains are subject to one of the harshest tax systems in the world, with a 30% tax rate and a 1% TDS on all transactions.
https://www.cnbctv18.com/market/cryptocurrency/rbi-governor-sanjay-malhotra-flagged-risks-to-stability-await-governments-crypto-review-19637555.htm
This distrust is reflected in the current tax system in India. Cryptocurrency gains are subject to one of the harshest tax systems in the world, with a 30% tax rate and a 1% TDS on all transactions.
https://www.cnbctv18.com/market/cryptocurrency/rbi-governor-sanjay-malhotra-flagged-risks-to-stability-await-governments-crypto-review-19637555.htm
The new RBI governor maintains the previous crypto stance.
This distrust is reflected in the current tax system in India. Cryptocurrency gains are subject to one of the harshest tax systems in the world, with a 30% tax rate and a 1% TDS on all transactions.
https://www.cnbctv18.com/market/cryptocurrency/rbi-governor-sanjay-malhotra-flagged-risks-to-stability-await-governments-crypto-review-19637555.htm