One thing that recently gets me pissed off is startup founders complaining about CTCs. How can they market the possibility of high jobs to students but at the same time ridicule those who ask for what they are worth?
We have a secret idea to avoid crypto tax and unjust tax decision of Indian government.🤔
If you want to know then tell me to make a video on this or tweet here.👍
waiting for your message
#reducecryptotax
Loss from the sale of one type of crypto will not be allowed to be set off against the profit arising from the sale of another type of crypto.
Translation - Apka loss apka loss, Aapka profit hamara income.
30% LTCG tax on equities is being proposed in India.
Rationale: developed nations have a higher capital gains tax.
Problem: less than 4% people invest in stock markets in India.
Our capital markets are still quite new. Poor taxation will kill it in a nascent stage.
New crypto tax policy is going to create so much confusion. Especially with tax calculation on staking,, lending, borrowing, airdrops, forks, wallet transfers, P2P transfers, gaming, gifting, donations, etc.
There are quite some good news around #bitcoin like Ukraine legalising it. India is yet to take a holistic view. Taking the guilty until proven innocent approach is not good.The proposed taxation should be amended #reducecryptotax#faircryptotax Day-45 #IndiaWantsCrypto@Unocoin
New crypto tax policy is unreasonable & should be changed. Only a few days remain before it becomes applicable.
#reducecryptotax#reducecryptotaxDay44
If there are people earning in the industry only then there is tax revenue for the government.
To get growth and people we need an all inclusive tax structure that takes the industry impact into account.
#reducecryptotax#reducecryptotaxDay43
30% Flat crypto tax will impact investors who fall under the lower tax bracket.
1% TDS will kill crypto trading/exchange liquidity thus resulting in lower GST collection.
No deductions will kill Crypto Mining.
GOI should reconsider new crypto tax policy.
#reducecryptotaxDay43
Getting heard and getting the work done by the Govt was never easy. It needs perseverance in every possible way for it to work someday. The proposed tax rules should be re-visited by the Govt. #reducecryptotax#faircryptotax Day-43 #IndiaWantsCrypto@Unocoin