The Indian government brought crypto transactions under a new tax regime through the budget for 2022-23. It provided for 1% TDS on VDA transfers exceeding Rs 10,000 (approx. $125) in a financial year. Besides, all gains on VDA transfers were subjected to a 30% income tax. Analytics Insight has listed the top 10 current cryptocurrency prices as of April 3, 2023.
Bitcoin- US$27,710.48 (down by 2.57%)
Ethereum- US$1,781.98 (down by 2.17%)
Tether- US$1.00 (up by 0.01%)
BNB- US$309.36 (down by 2.07%)
USD Coin- US$0.9998 (up by 0.01%)
XRP- US$0.5076 (down by 2.03%)
Cardano- US$0.3869 (down by 0.30%)
Dogecoin- US$0.07801 (down by 6.99%)
Polygon- US$1.08 (down by 2.46%)
Solana- US$20.12 (down by 4.44%)
According to CoinMarketCap, the total crypto market volume over the last 24 hours is US$33,909,634,986 experiencing a downfall of 2.34%.
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.