🚀 India's Crypto Industry Calls for Tax Reforms Ahead of Budget 2026
#India #CryptoIndustry #TaxReforms #Budget2026 #Cryptocurrency #TDS #VDA #OffshoreTrading #RegulatoryFramework #ConsumerProtection #TaxRevenue #Innovation
India's cryptocurrency sector is pushing for tax reforms in anticipation of Budget 2026, aiming to reduce the 1% TDS and reconsider the 30% VDA tax. According to NS3.AI, these measures are intended to address the migration of traders to offshore platforms. Since their introduction in 2022, these taxes have enhanced traceability but have also led to a significant decrease in onshore liquidity and a rise in offshore trading volumes. Industry leaders caution that offshore trading poses risks to consumer protection, tax revenue, and employment. They are urging the government to develop a regulatory framework that balances compliance with innovation.#India #CryptoIndustry #TaxReforms #Budget2026 #Cryptocurrency #TDS #VDA #OffshoreTrading #RegulatoryFramework #ConsumerProtection #TaxRevenue #Innovation
🚀 GEOPOLITICS | German Auto Industry Calls for Swift Dialogue on U.S. Tariffs
#GEOPOLITICS #GermanAutoIndustry #USTariffs #VDA #EU #TradeRelations #EconomicStability #Dialogue
The German Automotive Industry Association (VDA) has expressed its hope for prompt and constructive discussions between the United States and the European Union regarding tariffs. According to Jin10, the association emphasized the importance of preventing further escalation and providing much-needed clarity on the issue. The VDA's statement reflects growing concerns within the industry about the potential impact of tariffs on trade relations and economic stability. The association is urging both parties to engage in dialogue to address these challenges effectively.#GEOPOLITICS #GermanAutoIndustry #USTariffs #VDA #EU #TradeRelations #EconomicStability #Dialogue