India’s Central Board of Direct Taxes has begun consultations with #crypto# industry players to review existing tax rules.



Officials are examining the impact of the 1% TDS on crypto trades, the ban on offsetting VDA losses, and whether a new legal framework is needed.

The dialogue aims to balance innovation with compliance, while addressing concerns that strict taxation could drive trading and businesses offshore.

#CryptoNews
BAN-2.44%
VDA0.87%
EPT8.11%
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