government may consider levying tds tcs on cryptocurrency trading
Introduction: The world of cryptocurrency trading has been growing rapidly over the past few years. With this growth comes the need for regulation and taxation. Recently, there has been talk of the government considering levying TDS/TCS on cryptocurrency trading. In this article, we will explore what this means for traders and the cryptocurrency market as a whole. What is TDS/TCS? TDS stands for Tax Deducted at Source, and TCS stands for Tax Collected at Source. TDS is a tax…