This policy if not changed will have a devastating impact on the entire crypto industry. Government should consider public request.
#reducecryptotax#reducecryptotaxDay32
The new tax policy will not affect investors who already fall into the higher tax bracket but will affect small traders, investors and miners.
#reducecryptotax#UnfairCryptoTax
TDS charge on every spot trade is going to be a big pain for traders & exchanges. If the objective is to track transactions on CEX, exchanges can share that data directly - not even sure why TDS is required on Spot trades & that too at 1%.
#reducecryptotax#reducecryptotaxDay33
Crypto Tax is okay we are ready to pay but make it fair for everyone !
- Create Tax Slabs .
- Remove 1% TDS .
- LOSS TO BE CARRY FORWARD.
Crypto will bring huge self employment in India - So make it fair else India Might loose in long run.
#reducecryptotax#UnfairCryptoTax