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India Slaps Hefty 18% GST on Crypto Services—Traders Brace for Impact

India Slaps Hefty 18% GST on Crypto Services—Traders Brace for Impact

Published:
2025-07-07 10:12:21
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India Imposes 18% GST on Crypto Services

New Delhi tightens the screws on digital assets with an 18% tax hammer—just when retail investors thought compliance couldn't get more painful.

Why it stings: The levy applies to all crypto-related services, from exchanges to wallet providers, squeezing margins in an already volatile market.

Silver lining? At least it's not the 28% nightmare some feared—though that's cold comfort for traders dodging this fiscal landmine.

Bonus jab: Another masterclass in governments taxing innovation while traditional finance still can't settle transactions in under three days.

|Square

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