The Headlines – Crypto regulation in India: CBDT asks stakeholders on regulation, compliance; VDA oversight, tax-compliance in focus

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The Headlines – Crypto regulation in India: CBDT asks stakeholders on regulation, compliance; VDA oversight, tax-compliance in focus

The CBDT is seeking feedback from cryptocurrency stakeholders on the need for new VDA legislation and its oversight. They are also evaluating the impact of current tax policies, including the 1% TDS rate and loss offsetting, on trade migration.

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