🇮🇳 INDIA'S CRYPTO TAX — A ₹51,252 CRORE MISTAKE?
GOVERNMENT DATA:
↳ Tax collected: ₹437 crore
↳ Capital moved offshore: ₹51,252 crore
↳ For every ₹1 collected, ₹117 left India
CURRENT RULES:
↳ 30% tax on crypto gains
↳ 1% TDS on every trade
↳ Losses cannot be adjusted against gains
↳ Up to 70% penalty on undisclosed gains
THE RESULT:
↳ 90% of Indian crypto trading has shifted offshore
↳ Parliament has already discussed the issue with major exchanges
INDUSTRY WANTS:
↳ TDS reduced from 1% to 0.01%
↳ Loss set-off allowed
↳ Tax based on income slabs
India leads the world in crypto adoption, but also in crypto capital flight.
Should India reform its crypto tax policy?
#CryptoTax #India #Bitcoin #CryptoMarket
Dear @instagram Team,
My account @cryptoamanclub (328K+ followers) has been suspended unexpectedly after 6–7 years of hard work building a genuine community.
What is concerning is that within minutes of the suspension, an individual contacted me on Telegram claiming responsibility and demanding money to restore my account.
I believe my account may have been targeted through malicious false reporting.
I respectfully request a manual review of my account and a fair investigation into this matter.
Creators invest years of dedication into building their communities. I hope Instagram will support creators by ensuring accounts are not wrongfully disabled.
MY ACCOUNT - https://t.co/ngTutNo2J9
@Instagram@Creators@InstagramIndia@Meta
#Instagram #InstagramSupport #CreatorSupport #CryptoAmanClub
Altcoins jaise hi 30% pump hote hain, waise hi kuch na kuch naya ch*d ho jaata hai, aur phir se 30% dump ho jaate hain.
Aisa chalte-chalte ek saal ho gaya, pata nahi bull run kab aayega.
#FTX will distribute over $5 billion to creditors on May 30.
My question to @WazirXIndia is simple and direct:
When will you return users’ hard-earned money?
#repost
FM Nirmala Sitharaman: A Disaster for India?
•30% tax on crypto: Crushing innovation and traders.
China has build, #DeepSeekR1 and we are still killing innovation
•Increased tax on stocks: Burdening investors.
•GST everywhere: Adding pressure to everyday expenses.
Is this the future taxpayers deserve?
Do you still want to see her as the next Finance Minister?
#India #Taxation #CryptoTax #NirmalaSitharaman
Some bot and IT cell accounts are trying to report our Twitter account.
Don’t forget to follow backup accounts
➡️ @PushpendraTech
➡️ @smartviewai
They can’t stop 🛑 our voice
ENOUGH IS ENOUGH, @WazirXIndia!
I've met countless traders who have all their funds tied up on WazirX—so many user’s are holding 100% of their crypto assets on your platform.
I've seen the pain and frustration in their eyes, and it's heartbreaking. People are suffering, and it's clear that something needs to change.
For the love of God, do something.
Refund users' money and take immediate action.
Meme Season Over ❌
@cz_binance thank you for this message specially at this time.
I am not against memes but specially those who designed to RUG
@cz_binance please start with @binance and stop listing meme tokens
Good 👍
Hi @WazirXIndia, we want our crypto back 100% at the current market price.
Please refund, everyone is waiting.
We are missing bull market. Really we all crying please listen to our voice.
- Wazirx victims
I am doing again repeat 🔁
✅ Binance got hacked but no loss for users
✅ Polonix got hacked but no loss for users
✅ BingX got hacked but no loss for users
✅ User lost 3 bitcoin due to Coindcx mistake but no loss for user, they gave from their profit.
❌ Wazirx - only blame game, it’s been more than 2 months so far no any clear cut update.