India maintains a high-tax but operational environment. Crypto gains are taxed at 30%, with a 1% Tax Deducted at Source (TDS) on each transaction. While Bitcoin is not banned, the tax structure significantly impacts retail participation. $BTC #GateSquare$50KRedPacketGiveaway
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
India
India maintains a high-tax but operational environment. Crypto gains are taxed at 30%, with a 1% Tax Deducted at Source (TDS) on each transaction. While Bitcoin is not banned, the tax structure significantly impacts retail participation. $BTC #GateSquare$50KRedPacketGiveaway