The Indian government is considering classifying crypto under its Goods and Services Tax (GST). If it does, crypto could experience a 28% tax rate similar to casinos, betting, and gambling, on top of its GST and TDS taxes Meanwhile, crypto companies are considering leaving the country because of the tax rate. Reports from local media outlets indicate that the Indian government may impose tax as high as 60% on the cryptocurrency market. The reports say that the government may classify […]
