Using Binance in India? Tax Crackdown Targets 1% TDS Dodgers Harshly

India’s tax authorities intensified their crackdown on cryptocurrency traders using offshore exchanges like Binance. According to The Economic Times, the focus is on individuals who failed to comply with the mandatory 1% Tax Deducted at Source (TDS) applied to crypto transactions in India.  India’s crypto tax regulations require a 1% TDS be levied on every […] The post Using Binance in India? Tax Crackdown Targets 1% TDS Dodgers Harshly appeared first on Coin Edition.