Golden cross cryptocurrency
Guidelines for Exchanges : [xviii] A summary of the guidelines applicable to Exchanges is as follows: The responsibility for withholding tax has been clarified via two scenarios: Where the Exchange does not own the VDA being transferred, it shall deduct withholding tax. RBI noted that a globally coordinated effort would be necessary to evaluate these risks, especially the macroeconomic challenges like loss of monetary control and local currency volatility that disproportionately affect EMDEs compared to advanced economies. To understand the current attitude of the Indian government, we must look at all the contemporaneous actions taken by it through its various ministries, departments, and representatives.