The Curse Of The Coin
Business Today India|August 07, 2022
Trading volumes of Indian crypto exchanges have declined after the application of 1 percent TDS
Teena Jain Kaushal
The Curse Of The Coin

WHEN THE TIMES ARE TOUGH, the tough get going-is an age-old adage that describes the current challenges facing the cryptocurrency investment community most aptly. Faced with the double whammy of a 30 percent tax on crypto gains along with a 1 percent tax deducted at source (TDS), crypto investors are looking at ways to mitigate future upheavals. The immediate impact, meanwhile, is seen in the declining trade volumes.

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