Indian 🇮🇳 exchange owners are celebrating the government's move to block foreign exchange URLs if they do not comply.
Indeed, we all want exchanges to be fully regulated, as this will help make this #Web3 space better.
But along with that, we also want Indian exchange founders to raise their voices more against the 𝟑𝟎% 𝐭𝐚𝐱 and 𝟏% 𝐓𝐃𝐒, as this is the main reason people are flocking to foreign exchanges.
In crypto, we can't move forward by kicking others out of the business, as it can harm a lot of people.
I also want the Indian #Crypto community to share their opinions on this in the comments section 👇
#reducecryptotax
Crypto Tax is okay we are ready to pay but make it fair for everyone !
- Create Tax Slabs .
- Remove 1% TDS .
- LOSS TO BE CARRY FORWARD.
Crypto will bring huge self employment in India - So make it fair else India Might loose in long run.
#reducecryptotax#UnfairCryptoTax
We have reached 50,000 petition sign-ups. 🙏
if you are not happy with the new crypto tax rules, don't forget to sign and share the petition
English - https://t.co/DlpitRTjSR
Hindi - https://t.co/iJLmJhPprz
#reducecryptotax
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Exchanges have funds in millions to run various initiatives but no funds or time to fix basic issues ?
India needs Crypto Fairness before crypto adoption.
Pls fix high withdrawal fees & be fair to community that supported you guys during tough times.
https://t.co/DG0mLknOWv
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