Tag: Crypto tax implementation

83 per cent of crypto traders have issues with tax implementation: WazirX-ZebPay Survey

83 per cent of crypto traders have issues with tax implementation: WazirX-ZebPay Survey

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As the crypto tax deducted at source (TDS)  came into effect on July 1, over 83 per cent of crypto traders believed that the recent tax implementation deterred their trading frequency, reveals a new survey by crypto exchanges WazirX and Zebpay. The survey was involved over 9,500 respondents. The findings revealed that around 24 per […]

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Crypto exchanges hunker down as everything goes wrong in India

Crypto exchanges hunker down as everything goes wrong in India

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India’s largest digital assets exchanges are bracing for a drawn-out crypto winter — one with some unwelcome local twists. With token prices plummeting, customers unable to transfer money to their accounts and a dreaded transaction tax on cryptocurrencies just around the corner, exchanges like Binance-backed WazirX have put expansion plans on the back burner. “We […]

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