Laws Hub · Impact
What each rule changes
How major rules affect people and businesses, in plain English.
Last checked · India first, then the US
India 30% tax and 1% TDS
- For people: Traders pay more on frequent trades; TDS ties up cash until you file.
- For businesses: Exchanges must deduct and report TDS.
India PMLA coverage
- For people: More identity checks when you sign up.
- For businesses: Platforms must register with FIU-IND, keep records and report suspicious activity.
US GENIUS Act
- For people: Payment stablecoins get reserve and disclosure rules.
- For businesses: Issuers need approval and must hold reserves.
US 1099-DA reporting
- For people: You get a form from brokers; the IRS sees your sales.
- For businesses: Brokers must collect and report data.