India’s Crypto Tax Net Leaks ₹6,000 Crore as Offshore Platforms Escape TDS Dragnet
FIU enforcement and URL blocking fail to curb offshore exchanges’ access for Indian users New Delhi: The government’s twin-pillar crypto tax model—30% on gains and 1% TDS on transactions—is facing cracks as offshore trading grows. Without TDS collection, India loses both visibility and vital revenue. Since December 2023, the Financial…