Sumit Gupta, the co-founder and CEO of CoinDCX, one other main crypto trade mentioned Indian exchanges, led by BWA, have persistently advocated for a stage taking part in area, notably within the context of traders migrating to offshore platforms, which aren’t obligated to implement taxation and 1% TDS.
India’s Local Crypto and Web3 Advocacy Body Asked for Action Against Offshore Entities: Source
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