November 8, 2024

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India Maintains Crypto Tax Regulations in 2024/25 Budget

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India Maintains Crypto Tax Regulations in 2024/25 Budget
India Maintains Crypto Tax Regulations in 2024/25 BudgetIndian Finance Minister Nirmala Sitharaman’s 2024-25 Union Budget keeps the existing cryptocurrency tax regulations unchanged, disappointing local crypto advocates. They argue that reducing the 1% tax deducted at source (TDS) is essential for reviving the struggling crypto industry in India. Industry leaders emphasize the need for ongoing dialogue with regulators to foster a supportive environment […]