TDS on cryptocurrency transfers from July 1: Onus on buyers, brokers, exchanges to withhold TDS
Investors can loan out coins and receive nominal interest of about 6% a year. For example, let’s assume XYZ coin is priced at ₹10 on one exchange and at ₹11 on the second. A person could then buy ten XYZ coins on the first exchange at ₹100, transfer the coin to the second exchange, and …