India’s Interim Budget Keeps High Crypto Taxes Amid Election Year Expectations
India’s interim budget maintains high crypto taxes, including a 30% profit tax and 1% TDS, disappointing industry hopes for relief. As elections approach, five million traders have moved offshore, costing the government potential revenue. Industry leaders anticipate future changes following the election. As India gears up for general elections, the country’s finance minister Nirmala Sitharaman … Read more