Some Crypto traders are relocating to avoid high taxes in india

Traders sometimes make profit and often make losses, yet the government is charging a flat 30% tax on crypto trading .
So according to an indian Youtube channel, some of the top Indian crypto traders like Tapas have already relocated to foreign countries like Singapore.
The Youtuber said that in these countries the traders are not charged high taxes.
The government in these countries wants people to make more money, so that they can spend and invest more money in the country

Author: admin