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