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Crypto Tax Relief Hopes Grow as India Revamps Income Tax Bill
Crypto Tax Relief Hopes Grow as India Revamps Income Tax Bill
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BTCCSquare news:
India's government has withdrawn the Income Tax Bill 2025, signaling potential regulatory shifts for cryptocurrency investors. A revised version will be introduced to Parliament on August 11, sparking optimism among market participants.
The move comes as global crypto markets show renewed vigor, with institutional adoption accelerating across both Layer 1 and Layer 2 networks. Market analysts suggest the regulatory clarity could position India as a more competitive player in the digital asset space.
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