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Survey suggests India should revise crypto taxes to boost industry

Survey suggests India should revise crypto taxes to boost industry

CointimeCointime2024/08/02 07:07
By:Cointime

A survey conducted by a tech policy think tank has reiterated its recommendation that India should review its crypto taxes. The study also discovered that India's anti-money laundering regulations were inadequate to counteract the effects of high taxes on the crypto industry. According to the latest survey of knowledgeable Indian investors by a technology policy think tank based in New Delhi, India should reconsider its crypto taxes and not rely solely on its anti-money laundering rules to mitigate the impact of those high taxes.

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