At a time when crypto volumes have plummeted in India owing to stiff taxation, Pi42, a crypto-INR futures exchange, offers benefits such as zero tax deducted at source (TDS), offset of losses, and lower taxation. Pi42 has been launched by WazirX founder Nischal Shetty and former Zebpay Chief Executive Avinash Shekhar. The launch of the exchange has come on the heels of the 2024 interim budget, where the government didn’t touch upon crypto assets. Discover the latest business news, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!