Listen "India May Finally Rethink Crypto Rules | CBDT Consultation Explained"
Episode Synopsis
India’s crypto industry has been weighed down by a 30% flat tax, a 1% TDS on every trade, and a ban on offsetting losses. The result? Talent and capital moving abroad, with Dubai emerging as the new hub.But now, the Central Board of Direct Taxes (CBDT) is asking tough questions: Should TDS be lowered? Should losses be offset like in stocks? Who should regulate crypto - RBI, SEBI, or a new body?In this episode of Block Recap, we break down what’s on the table, why global trends matter, and what India’s first industry-led model law, the COINS Act 2025, could mean for the future of crypto in India.🎧 Available on Spotify, YouTube, and Apple Podcasts.
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