Monday, July 29, 2024

Budget 2024: Why crypto F&O investors are happy - No STT, no TDS, no 30% tax

Budget 2024: Crypto future and options investors are happy because the budget did not impose any TDS, STT and neither section 115BBH (30% tax) provisions on it. While at the same time Budget 2024 increased STT on stock market future and options (F&O). Many now believe crypto F&O transactions are now more attractive than stock and index F&O.

from Tax-Wealth-Economic Times https://ift.tt/BTiJ2sL

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