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Coin Edition

2023-01-04 21:38:00

30% Tax Effect: Indian Crypto Exchange Trade Down by $3.8 Billion

30% Tax Effect: Indian Crypto Exchange Trade Down by $3.8 Billion

A recent study showed that after the imposition of a 30 percent tax on the income from crypto assets, the net trade volume worth $3.8 billion (Rs 32,000 crore) switched from Indian crypto exchanges to foreign ones between February to October. The Esya Centre’s recent study said that both the 30% tax and 1% tax The post 30% Tax Effect: Indian Crypto Exchange Trade Down by $3.8 Billion appeared first on Coin Edition .

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