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Budget 2024: What s on India Inc s wishlist and what s not? | Media

SOUNDING BOARD: With the Union Budget 2024 a day away, we ask marketers and the advertising fraternity about what's on their industry wishlist, and also what they would like to see done away with

Budget 2024: Crypto industry players want 1% TDS to be slashed

Cryptocurrency industry s representatives urge the authorities to reduce the 1 percent tax levied on VDA transactions and 30% capital gains tax. They also insist that a regulatory framework with regards to digital currencies is the need of the hour

Crypto industry bats for lower taxation and a standardised regulatory framework

Crypto industry bats for lower taxation and a standardised regulatory framework
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What Indian crypto industry is hoping for from Budget 2024? Here s the wishlist

As the Indian crypto industry eagerly awaits the Interim Budget 2024, experts are focused on how the Central Government will shape regulations for virtual digital assets (VDAs). One key demand is the abolition of the 1% Tax Deducted at Source (TDS), which hampers investor participation. Industry voices hope for a reduced TDS rate of 0.01% and the ability to offset losses against gains.

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