I think the tax is too big, I think the country will get rich first because of the tax crypto is the country of India. just imagine every day the transactions made in India how many millions of dollars multiplied by 18 percent taxes, that's really a pantastic figure.
there are only a few questions about legalizing crypto in india.
1. crypto is legal in india, even taxed 18%. how about security in investing, is there insurance?
2. the tax payment itself whether per day, per month or per year?
3. if tax payment once a year, how to calculate it?