A CoinSwitch survey ahead of the Union Budget shows most Indian crypto investors want taxation aligned with stocks or mutual funds. While 61% favour equity-like tax treatment and 17% prefer a separate framework, 66% view the current regime as unfair, highlighting the need for rationalisation and clearer regulations.
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.