The reduction in India’s crypto tax to 0.1 percent was a ‘typo,’ and the government has issued a clarification.
The Income Tax Department said on Wednesday that a spelling issue on its website incorrectly changed a 1% tax-deducted-at-source (TDS) amount to 0.1 percent, which has subsequently been corrected. Fast Facts on the crypto tax typo “Some media reports have come to the notice of CBDT (Central Board of Direct Taxes) claiming that the rate […]