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India Budget 2026: The End of 1% TDS?
One of the most searched topics right now. The Indian #CryptoCommunity is lobbying for a reduction in the 30% flat and 1% #TDS. . This affects liquidity for millions of traders. If you aren't covering the "Regulatory Clarity" angle, you're ignoring a massive geographic audience. Deep dive into what "tax rationalization" would mean for the #WazirX X and #CoinDCX X users migrating to #BİNANCE .
Use an Infographic comparing old vs. proposed tax rates.$BNB
Use an Infographic comparing old vs. proposed tax rates.$BNB
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India Collects ₹512 Crore from Crypto TDS in FY 2024-25
In the financial year 2024-25, the Indian government collected approximately ₹512 crore in taxes through TDS on cryptocurrency transactions. This highlights India’s growing regulatory oversight of the crypto market. With increasing crypto adoption, authorities are closely monitoring transactions to ensure compliance and boost revenue, signaling a more structured and transparent future for digital assets in India.
#crypto #cryptonews #India #cryptotax #blockchain #DigitalAssets #TDS. #CryptoUpdate #CryptoMarket
In the financial year 2024-25, the Indian government collected approximately ₹512 crore in taxes through TDS on cryptocurrency transactions. This highlights India’s growing regulatory oversight of the crypto market. With increasing crypto adoption, authorities are closely monitoring transactions to ensure compliance and boost revenue, signaling a more structured and transparent future for digital assets in India.
#crypto #cryptonews #India #cryptotax #blockchain #DigitalAssets #TDS. #CryptoUpdate #CryptoMarket
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