Result of capital lockup based on 1% TDS on trade rule.
Trade no 11 - 10% of Capital will be locked
Trade no 23 - 20% of Capital will be locked
Trade no 36 - 30% of Capital will be locked
Trade no 51 - 40% of Capital will be locked
Trade no 69 - 50% of Capital will be locked
The Finance Bill 2022 will be discussed & passed soon.
We urge the government to reconsider these new unfair tax policies & hope they make amendments to tax it like technology, not gambling.
#reducecryptotax#ReduceCryptoTaxDay49
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
#CryptoTax चर्चा को शुरू करते हैं।
पहला सवाल वही है कि क्रिप्टो पर लगाए टैक्स से आप कितने खुश/नाखुश हैं।
कमेंट करें या कोट ट्वीट कर के अपने जवा�� दें।
@cryptoady @CryptooIndia
साइन- https://t.co/XOrjcaW0cn
#CryptoTax चर्चा को शुरू करते हैं।
पहला सवाल वही है कि क्रिप्टो पर लगाए टैक्स से आप कितने खुश/नाखुश हैं।
कमेंट करें या कोट ट्वीट कर के अपने जवाब दें।
@cryptoady@CryptooIndia
साइन- https://t.co/XOrjcaW0cn
TDS charge on every spot trade is going to be a big pain for traders & exchanges. If the objective is to track transactions on CEX, exchanges can share that data directly - not even sure why TDS is required on Spot trades & that too at 1%.
#reducecryptotax#reducecryptotaxDay33
TDS charge on every spot trade is going to be a big pain for traders & exchanges. If the objective is to track transactions on CEX, exchanges can share that data directly - not even sure why TDS is required on Spot trades & that too at 1%.
#reducecryptotax#reducecryptotaxDay33
Flat 30% tax (Rich or Poor), 1% TDS, No deduction, Loss cant be carried forward.
If these tax policies are not changed.
Buidler will still buidl but they will buidl from another country, adding to their GDP. Talent outflow will continue.
#reducecryptotax#ReduceCryptoTaxDay25
The European Union should move quickly to approve cryptocurrency regulation that prevents Russia from evading sanctions after invading Ukraine.
According to European Central Bank President Christine Lagarde.