New crypto tax policy if not changed will kill #Bitcoin mining in India.
In a few years when #Bitcoin will become a world reserve asset, we will regret not controlling enough hash power as a nation.
#reducecryptotax#reducecryptotaxDay40
A great tax structure allows for proper growth, more in house innovation, reduces brain drain and helps the government earn consistent revenue too!
We request the GOI for an inclusive tax structure for the blockchain industry!
#reducecrptotax#reducecryptotaxDay34
New crypto tax policy is unreasonable & should be changed. Only a few days remain before it becomes applicable.
#reducecryptotax#reducecryptotaxDay34
India is going to be the next superpower.
Mostly IT company CEOs are Indian.
Now India will again create history in #web3
and #Metaverse
Crypto is technology, not gambling. Government should not put 30% flat tax and 1% TDS.
#reducecryptotax#reducecryptotaxday33
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
अगर अपने ही देश में अच्छी शिक्षा और अच्छी नौकरी के साथ-साथ व्यापार के लिए अच्छा वातावरण और सहुलियत मिले तो कोई भी व्यक्ति दूसरे देश में नहीं जाएगा।
सरकारी नीतियों को जनता के अनुकूल होना चाहिए, इसके लिए ही तो जनता सरकार को बहुतमत देती है।
#reducecryptotax#UkraineRussiaWar
What we want from our government.
✅ Max tax should be 15% along with slab system.
✅ 1% tds should not be applicable on trades (buy/sale).
✅ Loss should be carry ⏩ forward
✅ There should not be any charge on transfer
🙏
#bitcoin#reducecryptotax#ReduceCryptoTaxDay26
We need to talk about the Crypto Tax structure in India which will affect smaller traders and change the game completely for them to the negative and also harm the growth of the industry in India!
#reducecryptotaxDay26#reducecryptotax
The new crypto tax policy will be applicable in 32 Days.
New tax policy won't impact investors who already fall under the higher tax bracket but it will impact small traders/investors, miners and new crypto start-ups.
#reducecryptotax#reducecryptotaxDay26