Pin it! In fact, industry insiders estimate that futures trading volumes on leading Indian exchanges are at least three times higher than spot trading volumes, a sharp surge driven by both bullish sentiment and tax benefits.
The Tax Advantage Driving Futures
Spot crypto trades in India attract a 1% Tax Deducted at Source (TDS) on every sale, regardless of profit or loss. In contrast, crypto futures are exempt from TDS since no actual transfer of VDAs takes place — only contracts are traded.
Added in Cryptocurrency, Cryptocurrency
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