A direct 30% tax rate is forcing Web3 entrepreneurs to become digital nomads—this move by India is helping other countries poach talent.

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CoinNetwork
CoinJie.com news: Crypto Briefing reports that the Indian government has announced a 30% tax on returns from crypto assets. Currently, about 39 million users hold digital assets worth $2.1 billion. This strict crypto tax regime may lead to capital outflows, curb domestic innovation, and hinder potential investors from entering the sector.
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