India Plans To Reduce Crypto Tax as Exchanges Demand Relief

India is considering a reduction in the taxation imposed on cryptocurrencies in response to growing calls for relief from cryptocurrency exchanges facing financial pressures and industry challenges. This potential policy shift comes as various stakeholders within the crypto market advocate for more favorable tax regulations to foster growth and innovation in the digital currency sector. As the government evaluates the implications of such changes, many in the financial community are hopeful for a regulatory environment that supports the burgeoning crypto economy in India. source: https://voiceofcrypto.online/ampstories/web-stories/india-plans-to-reduce-crypto-tax-as-exchanges-demand-relief