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Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax

Post author:MiamiCrypto
Post published:September 15, 2022
Post category:1% TDS Binance binance india coinbase india Exchanges FTX india India indian crypto exchanges indian cryptocurrency exchanges Indian tax seba india tax deducted at source

The number of Indian users on cryptocurrency exchange Binance has soared after the Indian government began levying taxes on crypto transactions. Meanwhile, daily trading volumes at some major India-based cryptocurrency…

Indian Crypto Trading Volumes Plummet After New TDS Tax Rule Takes Effect

Post author:MiamiCrypto
Post published:July 5, 2022
Post category:BitBNS Coindcx crypto trading volumes cryptocurrency trading volumes Exchanges indian crypto exchanges indian crypto tax indian cryptocurrency tax indian exchanges tax deducted at source TDS WazirX

Cryptocurrency trading volumes across exchanges in India have plunged after the country’s 1% tax deducted at source (TDS) went into effect at the beginning of the month. Some major crypto…