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Will WazirX's Nischal Shetty, ex-Zebpay CEO Avinash Shekhar's crypto futures fall outside income tax ambit?

The newly launched platform, Pi42, will allow Indian crypto owners to participate in derivative trading with 10-20x leverage using the rupee

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Wazirx

Pi42 launches India's first Crypto-INR perpetual futures exchange

India s crypto industry veterans, Nischal Shetty (founder of WazirX) and Avinash Shekhar (ex-CEO Zebpay) have launched their new venture, Pi42, the country s first Crypto-INR perpetual futures exchange, which aims to grow as the largest compliant crypto futures platform in the world.

India
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