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.
Bitcoin price could remain in a bear market until September or October if the traditional…
Image by Tomas Iglesias Rey The transitional window that let Spain's pre-MiCA crypto firms keep…
Story Highlights The live price of the Audius token is . Audius aims to disrupt…
Intel stock is in focus after a report said the chipmaker is seeking an operating…
SK Hynix stock surged 12% intraday, helping lift the Korea stock index (KOSPI) by 4.8%…
Bitcoin price saw an impressive recovery in recent sessions, supported by renewed spot ETF inflows,…
