ZyCrypto: Indian Crypto Exchanges Demand Reduction In Tax Deduction at Source (TDS)

  • Wednesday, 01 June 2022 17:50
CoinDCX Co-founder and CEO Sumit Gupta has once again demanded that the 1% Tax Deduction at Source (TDS) on crypto transactions introduced through the Union budget 2022-23 should be reduced. On Friday, he tweeted, “1% TDS is detrimental to the growth of the crypto industry. It will lock up capital for traders and suck liquidity […]

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