Sumit Gupta, the co-founder and CEO of CoinDCX, another leading crypto exchange said Indian exchanges, led by BWA, have consistently advocated for a level playing field, particularly in the context of investors migrating to offshore platforms, which are not obligated to implement taxation and 1% TDS.

• SEO Powered Content & PR Distribution. Get Amplified Today.
• PlatoData.Network Vertical Generative Ai. Empower Yourself. Access Here.
• PlatoAiStream. Web3 Intelligence. Knowledge Amplified. Access Here.
• PlatoESG. Carbon, CleanTech, Energy, Environment, Solar, Waste Management. Access Here.
• PlatoHealth. Biotech and Clinical Trials Intelligence. Access Here.
• Source: https://www.coindesk.com/policy/2023/12/29/indias-local-crypto-and-web3-advocacy-body-asked-for-action-against-offshore-entities-source/?utm_medium=referral&utm_source=rss&utm_campaign=headlines