India to revisit the holding paper of the discussion discussion as global behavior softens
The Indian government re -imagines its stance in crypto as global viewing of digital assets begins to melt, Reuters reported on Monday.
Although the crypto was not organized in India, the country began taxing digital assets in 2022, charging 1% tax-to-source (TDS) in crypto transactions and introducing a 30% tax that captures the capital. Since then, the Crypto sector has tried to get the government led by Narendra Modi to ease taxation and bring clarity to grow digital properties in the country, But to make no avail.
The Indian government analysis came as Donald Trump’s friendly friendly regime reigned hopes of widespread crypto adoption in the US and approved more financial products linked to tokens.
“More than one or two jurisdiction changed their stance to cryptocurrency in terms of use, their acceptance, where they see the importance of what the secretary of economic secretary Ajay Seth said to Reuters in an interview.
Crypto discussion role was held last year while officers focused on other priorities, As CoinDesk reported.
