INDIA,S TAX NET ON CRYPTO IS WORST FOR RETAILERS :

India's GST collection in December rises 7.3% yoy.

This chart of Tax collection is going parabolic.

This GST is paid by everyone.

Indian taxpayers are paying a large portion of their income in direct and indirect taxes,Which is hitting badly low income families.

This shows worst Crypto adoption in Asias most underrated country (India).

From necessary items to luxury products; everything comes under huge taxation including crypto.

In return govt. is not even taking responsibility for citizen's money. #WazirX case is the biggest scam in Asia which is an important example to prove this.

30% Crypto Tax + 1% TDS is paid by Indian crypto investors. Shouldn't they expect govt's cooperation in such cases?

Why collect tax only? Why not take responsibility as well?

On the other hand Pakistan is adopting crypto so strongly.