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3232Parliament Member Says 1% TDS Will Kill Crypto Asset Class in India, Urges Government to Reconsider
https://www.digit.info/parliament-member-says-1-tds-will-kill-crypto-asset-class-in-india-urges-government-to-reconsider/
Mon, 28 Mar 2022 05:30:47 +0000https://www.digit.info/2022/03/28/parliament-member-says-1-tds-will-kill-crypto-asset-class-in-india-urges-government-to-reconsider/Read more]]>An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However, India’s finance minister insists that the TDS on crypto […]
An Indian parliament member has warned that imposing a 1% tax deducted at source (TDS) on every crypto transaction will kill the nascent asset class. This tax provision is contained in Finance Bill 2022 which Lok Sabha, the lower house of India’s parliament, has passed. However, India’s finance minister insists that the TDS on crypto […]