I'll try to host some giveaways for community who lost money in #LUNA or #UST.
10,000rs Giveaway to 10 people :-
✅️ Like and retweet
✅️ Tag 2 friends
We'll DM the winners for rewards 🙏
India 🇮🇳 well done again -
By killing the hope of youth to earn for themselves .
🇮🇳 We have once again made our Youth handicapped and now this will bring more unemployment.
Crypto TAX -30% nd TDS - 1%
Is not at all accepted
So pls reconsider #reducecrptotax#isupportcrypto
While this is a positive step towards the adoption of technology for the future, a flat 30 per cent tax without any loss offset is really disturbing.💔
#reducecryptotax
Government just trying to rob money from the hands of youths and middle class.
They surely know there’s much to earn from them through taxes. 👏
#reducecryptotax
Indian government should reduce taxes and attract large amount of crypto investments .
👉 30% tax should be in slab's.
👉 Loss should be carry forward
👉 TDS should be 0
👉 Crypto should not be consider in gambling category
Please consider @nsitharaman#ReduceCryptoTax
The TDS provision will affect Day Traders, High Frequency Traders. Also government has the additional task of refunding all such TDS.
#reducecrptotax#unfaircryptotax
You have 1000rs
You invest 500rs in coinA
And 500rs in coinB
You make 250rs profit in coinA and loss 250rs in coinB
According to new Tax policy you can't setoff your #crypto losses against other crypto profit.
So you'll pay 30% Tax on 250rs
You'll left with 675+250 = 925rs
This doesn't make any sense. That after new Tax policy apply from 1 April in india.
People will not be allowed to even setoff their crypto losses against any other crypto profits.
If happens, it will kill #Crypto industry in india.