Can the government track my data of crypto dealings?

Abeer

Last Update vor 7 Monaten

Yes, the government can track your crypto dealings if done through exchanges. In the recent budget session, along with 30% crypto taxation 1%TDS was also announced.

This 1%TDS was levied for the purpose of reducing the fussiness present in the crypto market and also for tracking each and every transaction done on exchanges so that there can be transparency between the government and your transaction details.

Was this article helpful?

0 out of 0 liked this article

Still need help? Message Us