Crypto platforms flaunting rules
10 Jul 2024
On one side, SEBI is working on restricting F&O, but on the other side, this crypto F&O ad is on the front page of ET.
By the way, all these platforms have taken the stance that the 1% TDS rule doesn’t apply to crypto F&O. For regular crypto transactions, 1% of the transaction is deducted as TDS. Something for @nsitharaman and @FinMinIndia to check out.