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<p>The post <a href="https://coinpedia.org/crypto-live-news/indias-crypto-tds-policy-unlikely-to-change-experts-say/" rel="noopener noreferrer nofollow">India’s Crypto TDS Policy Unlikely to Change, Experts Say</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>Experts state that India is unlikely to change its controversial TDS policy on crypto transactions when Finance Minister Nirmala Sitharaman reveals her full budget for 2024-2025 on Tuesday. The TDS is a standout issue for the crypto industry. The Bharat Web3 Association (BWA) has asked for the tax to be cut to 0.01% from 1% ever since it was announced two years ago. Other demands include establishing progressive taxes on gains instead of the flat 30% rate and allowing losses to offset gains.&nbsp;</p>

India’s Crypto TDS Policy Unlikely to Change, Experts Say

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