๐ Join the movement to shape India's crypto tax laws! ๐ฎ๐ณ
๐ข Calling on the Finance Ministry: It's time to rethink crypto taxation for a fair and inclusive system that encourages innovation and investment.
๐ Current laws are holding us back:
1๏ธโฃ Flat 30% tax stifles growth and limits opportunities.
2๏ธโฃ 1% TDS adds unnecessary burden.
3๏ธโฃ No loss setoff penalizes investors.
๐ก Our proposal:
1๏ธโฃ Tax in slabs for fairness and flexibility.
2๏ธโฃ No TDS or minimal 0.01% TDS.
3๏ธโฃ Allow loss setoff to balance risks.
๐ค Join us to #reducecryptotax and build a brighter future for India's crypto ecosystem! Together, we can make a difference. ๐ช๐
#IndiaCryptoRegulations #IndiaCryptoTax #IndiaCrypto #indianCryptoBan