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TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?

By Economic Times - 10 months ago
TDS rate on crypto: in Budget 2022, the government brought out rules on how capital gains from different virtual digital assets such as crypto, NFTs will be taxed. Along with this, the government also imposed TDS on buying and selling of crypto. However, the TDS rate is pushing investors to buy and sell it via off market transactions.

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