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India’s new tax policies could prove fatal for crypto industry -Breaking

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Indian crypto tax policy is the hot topic among Indian cryptocurrency traders and exchange operator as it will become law in March and take effect on April 1.

The country’s proposed 30 percent crypto tax, which is equal to that imposed on lottery tickets and gambling, is the largest. The high tax bracket had been a concern to many small and new traders. However, the government recently clarified the situation for Indian traders.