@pushpendrakum Anil Singhvi is so illiterate that he doesn't even know what is Bitcoin and crypto currency. (Thought he is secretly investing in it and is jelous that others should not invest). But he knows one thing that if crypto is given free hand, his own shop will be shut down forever.
TDS charge on every spot trade will drain liquidity from Indian exchanges, as it will also force traders to move to international exchanges and dex. This will also result in lower GST collection. TDS on CEX should be exempted.
#ReduceCryptoTaxDay3
A petition to reduce the 30% crypto tax being proposed in the Budget and introduce ‘more reasonable crypto policies’ in the country has gained a lot of steam, with more than 30k signatures at the time of reporting.
@cryptoady
https://t.co/l6GW7HNmh3
IT TOOK YEARS FOR FARMERS :
IT might take us long as well , But we are doing this for ourself so we should appeal for it tirelessly .
So @nsitharaman pls reconsider the CRYPTO TAX -
- CRYPTO IS NOT LOTTERY
- CRYPTO IS SELF EMPLOYMENT
#isupportcrypto#changecryptotax
30% TAX 🤒 Government should give some relief to crypto traders . If Goverment wants to make country Web 3 hub then #reduce TAX to 5% .
Retweet if you are Agree 🔃
#reducecryptotax#CryptoTax#reducecryptotax
@sumitkapoor16 Sir, two questions:
1. If total income including crypto is below Rs. 2.5 lakhs, what will be the tax amount?
2. If there is 50% loss before the end of March, will there be any tax?