Imposition of TDS in digital assets a significant blow to Indian crypto exchanges: CoinDCX

“The implementation of a 30% tax and 1% TDS has prompted some users to explore platforms outside of India in an effort to potentially avoid these taxes,” says Sumit Gupta, co-founder and CEO of the crypto exchange.

Disclaimer : Mytimesnow (MTN) lets you explore worldwide viral news just by analyzing social media trends. Tap read more at source for full news. The inclusion of any links does not necessarily imply any endorsement of the views expressed within them.