India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force (Bitcoin.com News)

Originally published at: India’s Crypto Trading Volume Plummets as New Tax Rules Enter Into Force (Bitcoin.com News) – We Never See Nothing

Crypto trading volumes in India have plummeted following the new tax law entering into force. The new rules impose a 30% flat tax on crypto income and do not allow losses to be offset against gains. New Crypto Tax Rules in Effect The new crypto tax rules entered into force on April 1 after the…