To ensure a safe trading space for such crypto investors, The government may allow the use of crypto as assets in the country, though this use might be taxed for the first time ever. This means people in India may be able to buy or sell crypto currencies as shares, gold or bonds.
Does this tax system help investors to save from froud?
they don't have choice because even they're very against in it people still using it. Does this tax system help investors to save from froud?
that's why all their efforts to halt bitcoin is useless after all, so perhaps that's the reason why as well they decided to put tax on it so that at the same time they can get benefits from it. What a nice move.. Lol obviously they really want to eat all the money especially if they saw a thing that very useful to everyone.. So it's not surprising to be honest, infact that's where they're doing for a living ever since before .. Lol