Crypto Tax In India: How Is It Affecting Traders And Investors? | Tech It Easy Ep-07

Episode Description

In India, cryptocurrencies face taxation of 30 percent on all gains, irrespective of any tax slab. On top of that, a TDS of 1 percent has been imposed starting July 1. This has already had an adverse effect on trading volumes for most crypto exchanges in the country. However, the crypto tax situation in the country doesn't only portray a picture of doom and gloom. In this episode, to get a better understanding of crypto taxes in India, host Shayak Majumder spoke with Sathvik Vishwanath, the CEO and Co-Founder of Unocoin, one of the most popular crypto exchanges in India, and with Prashant Kumar, the Founder of weTrade, a crypto exchange that has promised to cover the TDS charges for its customers. Here's everything you need to know about crypto taxes in India, only on ABP Live Podcasts.

Host: shayak_m

Sound designer: lalit1121992

Producer: NiharikaNanda2