What are the pros and cons of India’s 1% TDS on Crypto Transfers Yields?

What are the pros and cons of India’s 1% TDS on Crypto Transfers Yields?

India’s 1% TDS on Crypto Transfers Yields? Pros And cons: India’s 1% TDS on Crypto Transfers Yields? Positives: India’s 1% TDS on Crypto Transfers Yields?: The tax is intended to bring about openness and accountability in the cryptocurrency industry in India, which is one of its primary goals. Transactions involving cryptocurrencies are easier to trace…