TDS – Miami Crypto Coin

Indian Crypto Market Suffers Significantly — Experts Say Trading Volumes Unlikely to Recover Anytime Soon

Post author:MiamiCrypto
Post published:December 27, 2022
Post category:Binance crypto trading volumes cryptocurrency trading volumes ftx FTX impact India FTX Indian users India Indian crypto trading volumes indian government Markets and Prices TDS Union budget Union budget crypto WazirX

Crypto trading volumes in India have plunged significantly this year. The FTX meltdown has exacerbated the problem, hurting “the sentiment across crypto tokens.” Local crypto experts are not expecting a…

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…

Indian crypto trading volumes slump following hefty taxes

Post author:MiamiCrypto
Post published:July 5, 2022
Post category:BitBNS TDS WazirX

Indian crypto traders may be giving up since they must now factor in a 30% income tax and a 1% tax per transaction on crypto trades, forcing exchange volume to…