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TheNewsCrypto
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India’s ₹6,000 Cr Crypto Tax Loss
- India lost ₹6,000 crore in tax as crypto traders shifted to foreign platforms.
- Offshore exchange activity by Indians rose 77% despite government restrictions.
- Reducing TDS and amending tax laws could recover ₹9,169–₹18,338 crore in five years.
- India is losing significant revenue due to its current crypto taxes policies, as revealed in a report by the Esya Centre.
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