India’s 1 Percent TDS on Crypto Transactions Needs to be Slashed to 0.01 Percent: Study

In its latest study, Delhi-based think tank Esya Centre has advised the government to slash its 1 percent TDS on crypto transactions to 0.01 percent. In doing so, India could garner more revenue from the Web3 sector than what it's managing to churn at present while also supporting the growth of this up-and-coming sector, the report said.

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