I heard traders are just moving to foreign exchanges anyway because of the 30% tax and 1% TDS, so India isn't even collecting the money it thinks it is — might as well lower it and get something instead of nothing.
I heard traders are just moving to foreign exchanges anyway because of the 30% tax and 1% TDS, so India isn't even collecting the money it thinks it is — might as well lower it and get something instead of nothing.
Watching friends lose money to shady offshore apps because our own exchanges got taxed into irrelevance is genuinely frustrating. We built real crypto talent in this country and then punished it instead of nurturing it.
Should India prioritize economic growth over protecting traditional culture and values?