India's no loss offset rule forces crypto traders to pay 30% tax on every profit, even if they lost money overall. With no deductions, no carry-forward, and 1% TDS on every trade, the system punishes losses and discourages participation.
India's no loss offset rule forces crypto traders to pay 30% tax on every profit, even if they lost money overall. With no deductions, no carry-forward, and 1% TDS on every trade, the system punishes losses and discourages participation.