On April 1, multiple posts on X claimed that the Indian Government had reduced cryptocurrency taxes from 30% to 5% and lowered TDS from 1% to 0.01%. Some posts referenced the Finance Minister and suggested new tax slabs or Bitcoin reserve plans. These claims went viral but lacked any official confirmation. Users quickly questioned their authenticity due to the April Fool’s Day timing and the absence of credible sources, making it clear the reports were false.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
Glassnode published data revealing that 30 percent of the circulating Bitcoin supply relies on cryptography…
ZEST is trying to claw its way into the next leg higher after breaking above…
AERO is suddenly back on traders’ radar, and honestly, it’s not hard to see why.…
Crypto exchange OKX is no longer stopping at memecoins, perpetual swaps, or token hype cycles.…
After trading within a tight range, the SUI price volatility has surged as it has…
U.S. lawmakers have officially launched an investigation into prediction market platforms Polymarket and Kalshi over…
