🚨 JUST IN: India's New Tax Law to Monitor Digital Activities! 🇮🇳🔥
India has introduced a new tax law that will closely monitor digital activities, including cryptocurrency transactions, NFT trading, and online earnings. This move is part of the country's efforts to regulate the digital economy and combat tax evasion.
🔑 Key Highlights:
✅ The law applies to crypto traders, influencers, and digital creators
✅ Authorities will track all digital transactions through online platforms
✅ Non-compliance could lead to heavy penalties and legal action
✅ Crypto-to-crypto trades will also be under strict surveillance
📊 Market Impact:
This law might slow down P2P crypto transactions and increase KYC-based trading in India, pushing users towards decentralized exchanges (DEX).
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