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Institutional Crypto Presence Expands in UAE With $250 Million Digital Asset Platform
#CryptoGuidance #UAE #Write2Earn #drfawadqasimwasil
#CryptoGuidance #UAE #Write2Earn #drfawadqasimwasil
How much tax do you pay on crypto in India?
You’ll pay 30% tax on profits from trading, selling, or spending crypto and a 1% TDS tax on the sale of crypto assets exceeding more than RS50,000 (RS10,000 in certain cases) in a single financial year. You may also pay Income Tax upon receipt at your individual tax rate if you’re seen to be earning other income in crypto, for example, through staking or mining.
When will you pay 30% tax on crypto in India?
You may need to pay the 30% tax whenever you make the following transactions:
Selling crypto for INR or another fiat currency.
Trading crypto for crypto, including stablecoins.
Spending crypto on goods and services.
However, the 30% tax won’t always apply as sometimes the ITD will view you as having income instead. In these instances, you’ll pay tax at your Individual Tax Rate on receipt. This includes:
Gifting crypto - if you're the recipient of the gift (refer to the gift section for more details).
Mining coins (refer to the mining section for more details).
Getting paid in crypto.
Staking rewards.
Airdrops.
#Write2Earn #CryptoTaxReform #CryptoTaxIndia #CryptoTaxation #drfawadqasimwasil
You’ll pay 30% tax on profits from trading, selling, or spending crypto and a 1% TDS tax on the sale of crypto assets exceeding more than RS50,000 (RS10,000 in certain cases) in a single financial year. You may also pay Income Tax upon receipt at your individual tax rate if you’re seen to be earning other income in crypto, for example, through staking or mining.
When will you pay 30% tax on crypto in India?
You may need to pay the 30% tax whenever you make the following transactions:
Selling crypto for INR or another fiat currency.
Trading crypto for crypto, including stablecoins.
Spending crypto on goods and services.
However, the 30% tax won’t always apply as sometimes the ITD will view you as having income instead. In these instances, you’ll pay tax at your Individual Tax Rate on receipt. This includes:
Gifting crypto - if you're the recipient of the gift (refer to the gift section for more details).
Mining coins (refer to the mining section for more details).
Getting paid in crypto.
Staking rewards.
Airdrops.
#Write2Earn #CryptoTaxReform #CryptoTaxIndia #CryptoTaxation #drfawadqasimwasil
Coin: #SNX/USDT
Long Set-Up
Leverage: 5-10x
Entry: 3.36 - 3.25$
Targets: 3.55 - 3.65 - 3.75 - 3.90 - 4.10 - 4.30$(Short Term)
Stoploss: 3.15$
#SNX/USDT #Freegiveway #drfawadqasimwasil #Write2Earn
Long Set-Up
Leverage: 5-10x
Entry: 3.36 - 3.25$
Targets: 3.55 - 3.65 - 3.75 - 3.90 - 4.10 - 4.30$(Short Term)
Stoploss: 3.15$
#SNX/USDT #Freegiveway #drfawadqasimwasil #Write2Earn
#JUPUSDT price DOWN on 2.43%
Volume up on 1180.3%
Price: 0.4941
#JUPUSDT #Jupiter(JUP) #drfawadqasimwasil
Volume up on 1180.3%
Price: 0.4941
#JUPUSDT #Jupiter(JUP) #drfawadqasimwasil
Institutional adoption of crypto is growing. What can boost it further?
Feel free to write your views
#CryptoLegend #BinanceSqaure #futuretrader #drfawadqasimwasil #CryptoGuidance
Feel free to write your views
#CryptoLegend #BinanceSqaure #futuretrader #drfawadqasimwasil #CryptoGuidance
Pros of Binance
Wide Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies and trading pairs.
Liquidity: Binance is known for its high liquidity.
Low Trading Fees: Binance offers competitive trading fees.
Advanced Trading Features: Binance provides advanced features like spot and futures trading, margin trading, staking, and more.
Security: Binance places a strong emphasis on security.
Global Accessibility: Binance is available to users around the world.
Binance Coin (BNB): Users can benefit from holding Binance Coin (BNB).
Debit/Credit Card Purchases: Binance allows users to buy cryptocurrencies with debit and credit cards.
#BinanceSqaure #BinanciansGlobal #Write2Earn #binanceusers #drfawadqasimwasil
Wide Range of Cryptocurrencies: Binance offers an extensive selection of cryptocurrencies and trading pairs.
Liquidity: Binance is known for its high liquidity.
Low Trading Fees: Binance offers competitive trading fees.
Advanced Trading Features: Binance provides advanced features like spot and futures trading, margin trading, staking, and more.
Security: Binance places a strong emphasis on security.
Global Accessibility: Binance is available to users around the world.
Binance Coin (BNB): Users can benefit from holding Binance Coin (BNB).
Debit/Credit Card Purchases: Binance allows users to buy cryptocurrencies with debit and credit cards.
#BinanceSqaure #BinanciansGlobal #Write2Earn #binanceusers #drfawadqasimwasil
India Advances E-Rupee CBDC Features While Keeping Tight Grip on Crypto Sector
#cryptoindia #cbdc #drfawadqasimwasil #futuretrader #TradingTips"
#cryptoindia #cbdc #drfawadqasimwasil #futuretrader #TradingTips"