3 hours ago
India Pushes Crypto Under Tax Rules, Traders Face New Compliance Pressure
TLDR: India introduces capital gains tax on crypto trading under new law, placing digital assets alongside gold and real estate. Tax authorities prepare audits targeting undeclared crypto trades, with exchanges asked to supply transaction data. New compliance demands raise costs for exchanges and push investors to reconsider high-frequency price speculation strategies. Blockchain forensics tools now [...]
The post India Pushes Crypto Under Tax Rules, Traders Face New Compliance Pressure appeared first on Blockonomi.
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