Ahead of Budget 2026, India’s crypto industry is seeking regulatory clarity and tax rationalisation, especially relief from the 1% TDS and 30% flat tax, to boost liquidity, compliance, investor confidence and growth of the domestic Web3 ecosystem.
Tamilnad Mercantile Bank Q1 profit jumps 35% on strong income growth
Tamilnad Mercantile Bank reported a 35% year-on-year rise in June quarter net profit to Rs 412 crore, driven by higher income and net interest income.