Mayank Jain

engineer🕵
cryptoTrader🚀⚡🎖🎯
Foodie🍕
Traveler🏍🏄

[Mayank Jain @mjainrock]

@CryptooIndia @grok who attacked it ?

[Mayank Jain @mjainrock]

@chainyoda @0xPolygon @grok explain to me what he is trying to say . What has changed is it good or bad ?

[Mayank Jain @mjainrock]

@manuechanove @0xAishwary 994

[Mayank Jain @mjainrock]

Grandma it's like your teeth if you lose them you can not eat 😬

@Hjainrock

[Trust Wallet @TrustWallet]

What is self-custody?

Explain it like you’re talking to your grandma. No jargon. No fluff. Just vibes.

10 winners split $1,000. Best replies take the prize! 💰 Good luck!

To Enter:
1️⃣ Simplify Self-Custody
2️⃣ Tag a friend
3️⃣ Repost this tweet

[Mayank Jain @mjainrock]

@TrustWallet @Hjainrock

[Mayank Jain @mjainrock]

@TrustWallet Grandma its like teeth if you lose them you can not eat 😬

[Mayank Jain @mjainrock]

@sandeepnailwal @NeurIPSConf Does Sentinel have any coin to invest in ?

[Mayank Jain @mjainrock]

@0xAishwary @0xPolygon @0xAishwary Can you explain the breakup of How Polygon gets benefited out of it in monetary/commision front ?

Let's say 1M USD worth of sales on a Y platform through Moonpay , How much Profit @0xPolygon makes ?

[Mayank Jain @mjainrock]

@prashant_xyz @sandeepnailwal Hey how to choose Validator , Can you recommend any please .

[Mayank Jain @mjainrock]

@charliekirk11 @grok she is dead ?

[Mayank Jain @mjainrock]

@SameerCrypto009 @BTCCexchange @grok Okay @grok I am trying my luck here , Make my day !

[Mayank Jain @mjainrock]

@JioCare @reliancejio Your email team is not helping at all and does not understand my concern . Please help me with this .

[Mayank Jain @mjainrock]

@RishabhPant17 Neeraj Chopra is gold 🥇❤️

[Pushpendra Singh @pushpendrakum]

Indian Finance Minister: A Call for Crypto Tax Reform and Reduced TDS

The current state of India’s cryptocurrency taxation and TDS (Tax Deducted at Source) policies has been a topic of intense debate among investors and the wider financial community. As the digital asset market continues to grow, it is imperative that India adopts a more progressive and balanced approach to crypto taxation. This call for reform is directed at the Honorable Finance Minister of India.

Urgent Need for Crypto Tax Reform

India’s current tax regime imposes a 30% tax on profits from cryptocurrency transactions, treating them similarly to speculative income. Additionally, a 1% TDS should be reduced. These measures, while aimed at curbing illegal activities and ensuring tax compliance, have inadvertently stifled the growth of the crypto sector.

Proposed Changes:

1.Reduce the Tax Rate on Crypto Gains:
Lowering the tax rate from 30% to a more moderate figure, such as 15%, could encourage more transparent and compliant participation in the market. This would align crypto taxation with long-term capital gains tax rates, fostering a healthier investment environment.
2.Reconsider TDS Mechanism:
The current 1% TDS on all transactions can be cumbersome, especially for active traders and businesses.
3.Clarity and Education:
Providing clear guidelines and educational resources on crypto taxation will help individuals and businesses navigate the tax landscape effectively, ensuring compliance and reducing unintentional breaches.

Benefits of Reformed Tax Policies

Adopting a more balanced approach to cryptocurrency taxation and TDS will have several positive outcomes:

•Boosting Economic Growth:
A fair tax regime will attract more investors and businesses to the Indian crypto market, driving innovation and economic growth.
•Enhancing Compliance:
Simplified and reasonable tax policies will encourage better compliance, increasing overall tax revenue without stifling market activity.
•Global Competitiveness:
By fostering a favorable environment for digital assets, India can position itself as a global leader in the cryptocurrency space, attracting international investment and talent.

Friends, if you agree, please repost and tag as many people as possible to ensure this message reaches the right ears.

#reducecryptotax

@FinMinIndia

[Mayank Jain @mjainrock]

@WoodsBets 748

[WallStreetBets @wallstreetbets]

drop your solana address first 10,000 retweets gets in

[Mayank Jain @mjainrock]

2Rj2RA7aP71iyrWtHbN3iB67wmDnvmHvaGAJRV7ryGHH

[WallStreetBets @wallstreetbets]

drop your solana address first 10,000 retweets gets in

[Mayank Jain @mjainrock]

@wallstreetbets 2Rj2RA7aP71iyrWtHbN3iB67wmDnvmHvaGAJRV7ryGHH

[Mayank Jain @mjainrock]

@Hjainrock1 @SenderLabs @MetaMaskSupport @MetaMask @TrustWallet Intersting !!