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In #India, crypto profits from trading, selling, or spending face a 30% tax, with an additional 1% TDS on sales exceeding RS50,000 (or RS10,000 in specific cases) in a financial year. In case of losses, no compensation is provided. Since 2014, the government is accused of wealth accumulation and scams linked to religious sentiments. 🚫 Voters are urged to reconsider supporting this government for a brighter future. This government's focus seems solely on #Adani and #Ambani #CryptoTax #GovernmentCritique #FutureVote

In #India, crypto profits from trading, selling, or spending face a 30% tax, with an additional 1% TDS on sales exceeding RS50,000 (or RS10,000 in specific cases) in a financial year.

In case of losses, no compensation is provided. Since 2014, the government is accused of wealth accumulation and scams linked to religious sentiments. 🚫 Voters are urged to reconsider supporting this government for a brighter future. This government's focus seems solely on #Adani and #Ambani #CryptoTax #GovernmentCritique #FutureVote

Disclaimer: Includes third-party opinions. No financial advice. See T&Cs.
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