क्रिप्टो लेन-देन पर एक जुलाई से लगने वाले 1% TDS पर GST काउंसिल को पुनर्विचार करना चाहिए. अतार्किक टैक्सेशन संभावनाओं से पूर्ण नयी तकनीक के लिए घातक साबित होगा.
Day 55 - We hope GOI reconsiders its decision to tax crypto similar to the betting & gambling industry. This mistake will haunt us in the future.
#reducecryptotax
Day 48 - If the new tax policy is not changed, No setoff of losses between trading pairs will literally kill crypto trading in India & No deductions will kill Crypto Mining from the 1st of April 2022.
#ReduceCryptoTaxDay48
A lot of research and development is happening in blockchain tech and web3 related work. Government needs to understand the future scope of these technologies and tax accordingly.
#reducecryptotax#UnfairCryptoTax
1% TDS is an example of killing the golden goose
Hope to see the Government revisit this and reduce or eliminate this TDS in order to help the crypto industry grow further
#UnfairCryptoTax#reducecryptotax
The Govt should embrace crypto industry to take advantage of the exciting investment, innovation and employment opportunities. Proposed tax rules are not at all encouraging.#reducecryptotax#faircryptotax Day-48 #IndiaWantsCrypto@Unocoin
Countries across the globe are adopting a pro-crypto approach so they become crypto hubs and get the advantage
India has immense potential to become a leader in the #crypto space but 30% taxation may affect our chances by discouraging adoption and innovation.
#ReduceCryptoTax
30% flat tax and 1% TDS on the underlying tech of #web3 is not fair.
Crypto is not gambling
Crypto is the future 🔥
Crypto is the power
Web3 is future technology
@PMOIndia#reducecryptotax
#reducecryptotax before 1 April crypto community is waiting for this change this is totally unfair we are not gambling we are investing our money in crypto like stock market
If we’re heavily taxing the building blocks of Web 3.0 (i.e. virtual digital assets), to a degree that the liquidity and market is impacted, India is constraining all its chances of winning the Web 3.0 game.
India needs a better #taxation plan for crypto.
#ReduceCryptoTax