🙏 Our community request to the Finance Minister to change the current crypto tax rules:
❌ Current Rules:
1. Flat 30% Tax
2. 1% TDS
3. No loss setoff
4. Cost of acquisition undefined
✅ Community Proposal:
1. Tax in slabs like salary income
2. No TDS or 0.01% TDS
3. Allow loss setoff
#ReduceCryptoTax! 🚀💰
🚨 BIG UPDATE FROM PARLIAMENT
@raghav_chadha raises a bold question:
Why is India discouraging crypto instead of regulating it?
Because of this confusion:
• 180 Indian crypto startups left India
• ₹4.8 lakh crore in crypto trading by Indians now happens via foreign countries
Jobs gone.
Taxes gone.
Innovation gone.
Crypto didn’t disappear.
It just moved out of India.
Respect to Raghav Chadha for raising the voice India needs 👏
This is not politics. This is economic reality.
Legalize. Regulate. Lead.
Or keep exporting talent and wealth.
Last time you promised us, you will raise our voice finally you did it. Man of words
My request to the Finance Minister to change the current crypto tax rules:
❌ Current Rules:
1. Flat 30% Tax
2. 1% TDS
3. No loss setoff
4. Cost of acquisition undefined
✅ Community Proposal:
1. Tax in slabs
2. No TDS or 0.01% TDS
3. Allow loss setoff
Let’s #ReduceCryptoTax!
@FinMinIndia
I’ve seen Michael Saylor for years on social media and in the news but yesterday was the first time I got to say Hi 👋 in person.
The man is pure energy. His conviction for Bitcoin is unmatched.
Even @cz_binance said @saylor is doing incredible work for global Bitcoin adoption and has massive influence.
Truly a moment to remember. 🚀 #Bitcoin #BitcoinMENA
Step out of India and look at Dubai (0% tax on crypto), Malaysia (no capital gains tax), Singapore, Vietnam, Abu Dhabi thriving crypto hubs where innovation is encouraged.
Meanwhile, India imposes 1% TDS + 30% tax with no loss set-off. Instead of building the future, we’re trapped in useless narratives and fear.
Dumb question about X.
My followers grew quickly from 9-10m, in a bear market. Then slowed to a halt after 10m, even in this bull market. Followers grew fast in previous bull markets. Lost correlation?
Is this normal? or something wrong with X? or am I being "too KOL"? 😂
Day 1325: The world is already sailing on the #Bitcoin wave. Missing the boat means missing innovation, growth, and financial freedom. India cannot afford to be left behind! 🚀🌍
#IndiaWantsBitcoin
Being a free (0 revenue) education platform, it's hard to incentivize contributors. Donations will be used to solve that, and expand coverage.
All donations will be in crypto, on-chain, fully traceable. No fiat.
Education continues to be free. Do what you can. 🙏
Watching #BNB go from $0.10 ICO price 8 years ago to today's $1000 is something words cannot explain.
I, not representing any entity or title, as just a community member and a #BNB holder, thank everyone in the #BNB and crypto ecosystem, for your support.
We had our challenges along the way, but we worked hard, we built, and we held.
It's truly a community effort!
This is just the beginning. To the next 10000x together! 🤝🤝🤝🤝🙏🙏🙏🙏
🚨 BREAKING: A Dogecoin ETF might be here next week Rex Osprey could launch the first ever $DOGE ETF per Bloomberg’s @EricBalchunas.
#Dogecoin#CryptoETF