Regulations & Policy
India Faces Pressure to Rethink Crypto Taxes Ahead of Union Budget as Trading Shifts Offshore
•1 min read
As India prepares for its Union Budget, industry leaders are urging the government to reconsider its taxing policies on cryptocurrencies. The current tax structure has prompted many traders to move their activities offshore, resulting in a decline in domestic exchange volume and weakening regulatory oversight in the sector.
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