The Indian government has to #ReduceCtyptoTax now or later.

1% TDS on each trade makes no sense.

People will use Indian CEX for HODL only. So exchanges will suffer with volume.

Some will go for loopholes and a % of market will turn into grey market.

Govt will lose revenue.

#IndianRegulation #IndiaCryptoRevolution #CryptoTaxReform #indiabanURL #cryptocurrecny