India Could Turn Pro-Crypto as Bull Market Continues. Can $BEST Presale 100x ...
India, known for its anti-crypto approach, could soon take a U-turn on the matter after a change in global sentiments. Ever since the appointment of the pro-crypto Donald Trump as the US president, countries seem to be in a race to adopt crypto, and India doesn’t want to be left too far behind. Currently, the country imposes a draconian 30% capital gains tax on crypto assets without distinguishing between long-term and short-term holdings. This is among the highest tax slabs in the country. For comparison, only winnings from lottery and betting activities are taxed at a flat rate of 30%.....
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