Global Crypto Market

India crypto tax cut to 0.1% was a 'typo'; gov't issues clarification – Forkast News




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A typo error on the Income Tax Department’s website mistakenly altered a 1% tax-deducted-at-source (TDS) figure to 0.1%, and has since been rectified, the Income Tax Department said on Wednesday. 
See related article: India’s crypto tax will incur losses for government, says WazirX CEO
See related article: Only the big fish will survive as India cracks the whip on crypto: Binance-backed WazirX
Pradipta Mukherjee is a business reporter and has worked for Bloomberg News and Business Standard in India. An MBA and a post-graduate in Economics, Mukherjee focuses on financial markets and corporates. She is a Mary Morgan Hewitt award recipient for Women in Journalism. She has also won the Jefferson Fellowship; the Thomson Reuters Foundation fellowship on ‘Social Media and Digital Journalism’ at The Chinese University of Hong Kong; and most recently, the Kiplinger Fellowship at Ohio University, USA.
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