India started to accept crypto legally but with 30% tax for incomes.
The crypto industry and experts welcomed the 30% tax rule for digital assets income. As there was no negative impact on prices of most of the popular crypto tokens including Bitcoin, ETH, WRX, SOL, ADA, DOGE, MATIC listed on Indian exchanges.
I am thinking about how they will impose the 30% tax though, I mean do they already have a means of identifying which person withdrew this XX amount of cash? or do they partner up with the exchange platforms to get that 30% tax?
