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๐Ÿ…ฐ๐Ÿ†ƒ๐Ÿ†ƒ๐Ÿ…ด๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ…ธ๐Ÿ…พ๐Ÿ…ฝ ๐Ÿ…ฒ๐Ÿ†๐Ÿ†ˆ๐Ÿ…ฟ๐Ÿ†ƒ๐Ÿ…พ ๐Ÿ…ด๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ…ท๐Ÿ†„๐Ÿ†‚๐Ÿ…ธ๐Ÿ…ฐ๐Ÿ†‚๐Ÿ†ƒ๐Ÿ†‚!๐Ÿš€ ๐Ÿ“ฃ Did you know? You can now earn tax-free income up to 7 Lakhs in India! ๐Ÿ’ฐ But wait, there's more: Calling all crypto investors! The Indian government is proposing a flat 30% tax on all crypto earnings. ๐Ÿ“‰ Join the movement to #reducecryptotax and encourage the government to rethink crypto taxation policies. Let's pave the way for a brighter future for crypto and blockchain technology in India! ๐ŸŒŸ #CryptoTaxReform #FutureIsCrypto #Write2Earn #BlockchainIndia ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿ…ฐ๐Ÿ†ƒ๐Ÿ†ƒ๐Ÿ…ด๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ…ธ๐Ÿ…พ๐Ÿ…ฝ ๐Ÿ…ฒ๐Ÿ†๐Ÿ†ˆ๐Ÿ…ฟ๐Ÿ†ƒ๐Ÿ…พ ๐Ÿ…ด๐Ÿ…ฝ๐Ÿ†ƒ๐Ÿ…ท๐Ÿ†„๐Ÿ†‚๐Ÿ…ธ๐Ÿ…ฐ๐Ÿ†‚๐Ÿ†ƒ๐Ÿ†‚!๐Ÿš€

๐Ÿ“ฃ Did you know? You can now earn tax-free income up to 7 Lakhs in India! ๐Ÿ’ฐ

But wait, there's more: Calling all crypto investors! The Indian government is proposing a flat 30% tax on all crypto earnings. ๐Ÿ“‰

Join the movement to #reducecryptotax and encourage the government to rethink crypto taxation policies. Let's pave the way for a brighter future for crypto and blockchain technology in India! ๐ŸŒŸ

#CryptoTaxReform #FutureIsCrypto #Write2Earn #BlockchainIndia ๐Ÿ‡ฎ๐Ÿ‡ณ
๐Ÿš€ Believe in the vision, achieve greatness together! ๐Ÿš€ In the world of crypto, trust is everything. That's why we trust @cz_binance ๐Ÿ™ His leadership and vision have guided us to incredible heights. Let's continue to love and support him as we journey towards a brighter future. #Binance #CryptoFamily #Write2Earn #reducecryptotax โค๏ธ
๐Ÿš€ Believe in the vision, achieve greatness together! ๐Ÿš€

In the world of crypto, trust is everything. That's why we trust @cz_binance ๐Ÿ™

His leadership and vision have guided us to incredible heights. Let's continue to love and support him as we journey towards a brighter future.
#Binance #CryptoFamily #Write2Earn #reducecryptotax โค๏ธ
๐Ÿš€๐ŸŒŸ Attention, Indian Crypto Community! ๐ŸŒŸ๐Ÿš€ ๐Ÿ”ฅ #Bitcoin just soared to an all-time high of $73K! ๐Ÿ”ฅ But wait, there's more to celebrate! Let's raise our voices together and shout out for #reducecryptotax! ๐Ÿ“ฃ โœ… Let's push for reducing the 1% TDS to a mere 0.01% or eliminate it altogether! โœ… Traders deserve the right to balance their losses against gains. โœ… Taxation should follow reasonable slabs to promote fairness. โœ… Loss carry-forward should be allowed, just like in the stock market. It's time to make our voices heard and advocate for a crypto-friendly tax environment in India! ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ’ฐ Let's pave the way for a brighter future for all crypto enthusiasts! #reducecryptotax #IndianCryptoCommunity ๐Ÿš€๐ŸŒŸ
๐Ÿš€๐ŸŒŸ Attention, Indian Crypto Community! ๐ŸŒŸ๐Ÿš€

๐Ÿ”ฅ #Bitcoin just soared to an all-time high of $73K! ๐Ÿ”ฅ
But wait, there's more to celebrate! Let's raise our voices together and shout out for #reducecryptotax! ๐Ÿ“ฃ

โœ… Let's push for reducing the 1% TDS to a mere 0.01% or eliminate it altogether!
โœ… Traders deserve the right to balance their losses against gains.
โœ… Taxation should follow reasonable slabs to promote fairness.
โœ… Loss carry-forward should be allowed, just like in the stock market.

It's time to make our voices heard and advocate for a crypto-friendly tax environment in India! ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ’ฐ Let's pave the way for a brighter future for all crypto enthusiasts! #reducecryptotax #IndianCryptoCommunity ๐Ÿš€๐ŸŒŸ
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Bullish
Indian govt officials are yet to understand the power and potential of cryptocurrencies. Many countries have already understood and adapted bitcoin, but in India, the govt is still going in the wrong direction, as always. They always take time to adapt to a new technology, unlike other countries. They do so because then the quaint and quasistatic schemes like PPF, FD, KVP will come to an end as everyone wants to earn more and more. The govt based 'investments' are not actually investments, but the financial institutions play with our money and earn more while giving us only a fraction, in the name of 'security'. I believe that money which only 'you' have full control on, is fully secured,but not even with banks. Decentralization provides us with that security. In my view, the government needs new officials, especially in the IT department and financial institutions, who are not only well educated, but are open-minded to all new paths, not like this RBI governor, who is narrow minded and unaware of the crypto revolution going all over the world, and they must reduce crypto tax to be in slabs, to be at par with the developed nations. #Write2Earn #Indiantax #reducecryptotax
Indian govt officials are yet to understand the power and potential of cryptocurrencies. Many countries have already understood and adapted bitcoin, but in India, the govt is still going in the wrong direction, as always. They always take time to adapt to a new technology, unlike other countries. They do so because then the quaint and quasistatic schemes like PPF, FD, KVP will come to an end as everyone wants to earn more and more.
The govt based 'investments' are not actually investments, but the financial institutions play with our money and earn more while giving us only a fraction, in the name of 'security'. I believe that money which only 'you' have full control on, is fully secured,but not even with banks. Decentralization provides us with that security.
In my view, the government needs new officials, especially in the IT department and financial institutions, who are not only well educated, but are open-minded to all new paths, not like this RBI governor, who is narrow minded and unaware of the crypto revolution going all over the world, and they must reduce crypto tax to be in slabs, to be at par with the developed nations.
#Write2Earn #Indiantax #reducecryptotax
Mbeyaconscious
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Unleashing India's Crypto Potential: A Call for Reduced Taxes ๐Ÿ‡ฎ๐Ÿ‡ณ

Introduction:

In the dynamic landscape of cryptocurrencies, India stands at a crucial crossroads. The pressing need for reduced crypto taxes is not just a demand; it's a strategic imperative for unlocking the country's full potential in the digital economy.

Why Reduce Crypto Taxes?

๐ŸŒ Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.

๐Ÿ’ผ Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.

๐Ÿ’ธ Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.

๐ŸŒ Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.

๐Ÿ“ข Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.

Emotional Appeal:

๐Ÿš€ Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.

๐Ÿค Hope: Lower taxes create opportunities for collaboration between traditional and crypto industries, forging a path to a brighter economic future for India.
please vote Mbeyaconscious to win award
๐ŸŒˆ Inclusivity: By reducing barriers, India can embrace a diverse range of individuals, fostering a sense of belonging and participation in the digital revolution.

Let's join hands to urge the government to reduce crypto taxes. Share this message far and wide. Together, we can pave the way for India's ascent in the global crypto arena! ๐Ÿ‡ฎ๐Ÿ‡ณ #CryptoTaxReform #IndiaCryptoRevolution
krishna092
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Bearish
๐Ÿ‡ฎ๐Ÿ‡ณIndian government should reduce #Crypto Tax & TDS ๐Ÿ‘‰ 30% Tax and 1% TDS is not viable ๐Ÿ‘‰ Loss should be carry forward ๐Ÿ‘‰ Crypto is not Gambling ๐Ÿ‘‰ We need better policies for #Web3 Users ๐Ÿ‘‰ #Bitcoinโ€ฏโ€ฏโ€ฏ is not some 'tulip mania' #reducecryptotax #Write2Earn
๐Ÿ‡ฎ๐Ÿ‡ณIndian government should reduce
#Crypto Tax & TDS

๐Ÿ‘‰ 30% Tax and 1% TDS is not viable
๐Ÿ‘‰ Loss should be carry forward
๐Ÿ‘‰ Crypto is not Gambling
๐Ÿ‘‰ We need better policies for #Web3 Users
๐Ÿ‘‰ #Bitcoinโ€ฏโ€ฏโ€ฏ is not some 'tulip mania'

#reducecryptotax #Write2Earn
๐Ÿ‡น๐Ÿ‡ญ Thailand removed VAT from Domestic Crypto and Bitcoin Trading in a move to promote digital assets as a new fundraising tool. They are aiming to develop Thailand as the region's digital asset hub. But 5th largest economy in the world -๐Ÿ‡ฎ๐Ÿ‡ณ India is still viewing it as 'Tulip Mania' #Write2Earn #TrendingTopic #TradeNTell #BTC #reducecryptotax $BTC $ETH $BNB
๐Ÿ‡น๐Ÿ‡ญ Thailand removed VAT from Domestic Crypto and Bitcoin Trading in a move to promote digital assets as a new fundraising tool.

They are aiming to develop Thailand as the region's digital asset hub.

But 5th largest economy in the world -๐Ÿ‡ฎ๐Ÿ‡ณ India is still viewing it as 'Tulip Mania'

#Write2Earn #TrendingTopic #TradeNTell #BTC #reducecryptotax $BTC $ETH $BNB
๐Ÿš€ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—›๐—ฎ๐—น๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐—น๐—ฒ๐—ฟ๐˜! ๐ŸŒŸ Get ready for a game-changer in the crypto world! ๐Ÿ”„ ๐Ÿ’ฐ After the halving, BTC could soar beyond $100,000! ๐Ÿš€ A promising future awaits the Indian crypto market. But, a heartfelt appeal to PM Narendra Modi - let's trim that 30% crypto tax for a united journey to financial empowerment! ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ’ผ โœจ Join the call for change, support crypto enthusiasts! ๐Ÿ“ฃ #BitcoinBoom #CryptoFuture #reducecryptotax #IndiaCryptoDreams ๐ŸŒ
๐Ÿš€ ๐—•๐—ถ๐˜๐—ฐ๐—ผ๐—ถ๐—ป ๐—›๐—ฎ๐—น๐˜ƒ๐—ถ๐—ป๐—ด ๐—”๐—น๐—ฒ๐—ฟ๐˜! ๐ŸŒŸ Get ready for a game-changer in the crypto world! ๐Ÿ”„

๐Ÿ’ฐ After the halving, BTC could soar beyond $100,000! ๐Ÿš€ A promising future awaits the Indian crypto market. But, a heartfelt appeal to PM Narendra Modi - let's trim that 30% crypto tax for a united journey to financial empowerment! ๐Ÿ‡ฎ๐Ÿ‡ณ๐Ÿ’ผ

โœจ Join the call for change, support crypto enthusiasts! ๐Ÿ“ฃ #BitcoinBoom #CryptoFuture #reducecryptotax #IndiaCryptoDreams ๐ŸŒ
๐Ÿ‡ฎ๐Ÿ‡ณ Embracing the rollercoaster journey of India's crypto community! ๐Ÿš€ From bans to breakthroughs, we've weathered it all. ๐Ÿ’ช 2018: RBI threw a curveball - ban on crypto exchanges. ๐Ÿ˜ฑ 2020: Supreme Court, our knight in shining armor, lifted the ban. ๐Ÿš€ 2022: Tax hurdles - 30% tax + 1% TDS on trading. ๐Ÿ’ฐ 2024: Crypto apps & URLs blocked. ๐Ÿ›‘ But guess what? India, you're the 2nd largest in the crypto world! ๐ŸŒ Let's break free with #reducecryptotax and make history! ๐Ÿš€ Imagine if the government fully supports crypto! ๐ŸŒˆ Proactive steps mean rapid growth, skyrocketing innovation, and us becoming global crypto giants. ๐ŸŒ Come on, Sarkar! Unleash the true potential of crypto! ๐Ÿš€๐Ÿ‡ฎ๐Ÿ‡ณ #CryptoRevolution #IndiaCrypto #InnovationUnleashed
๐Ÿ‡ฎ๐Ÿ‡ณ Embracing the rollercoaster journey of India's crypto community! ๐Ÿš€ From bans to breakthroughs, we've weathered it all. ๐Ÿ’ช

2018: RBI threw a curveball - ban on crypto exchanges. ๐Ÿ˜ฑ
2020: Supreme Court, our knight in shining armor, lifted the ban. ๐Ÿš€
2022: Tax hurdles - 30% tax + 1% TDS on trading. ๐Ÿ’ฐ
2024: Crypto apps & URLs blocked. ๐Ÿ›‘

But guess what? India, you're the 2nd largest in the crypto world! ๐ŸŒ Let's break free with #reducecryptotax and make history! ๐Ÿš€

Imagine if the government fully supports crypto! ๐ŸŒˆ Proactive steps mean rapid growth, skyrocketing innovation, and us becoming global crypto giants. ๐ŸŒ

Come on, Sarkar! Unleash the true potential of crypto! ๐Ÿš€๐Ÿ‡ฎ๐Ÿ‡ณ #CryptoRevolution #IndiaCrypto #InnovationUnleashed
Did You Miss #Budget2024 โ“ ย  Here's everything you need to know ๐Ÿ‘‡ ย  โžก๏ธ There is no change in Crypto taxation (Still ๐Ÿ‘๐ŸŽ% ๐ญ๐š๐ฑ and ๐Ÿ% ๐“๐ƒ๐’) ย  โžก๏ธ For entrepreneurs, PM Mudra Yojna has sanctioned loans worth ๐‘๐ฌ ๐Ÿ๐Ÿ.๐Ÿ“ ๐œ๐ซ๐จ๐ซ๐ž ย  โžก๏ธ The fiscal deficit for Financial Year 2024 was revised to ๐Ÿ“.๐Ÿ–% ย  โžก๏ธ First Development India inflows have grown by 2x since 2014 and is currently at $๐Ÿ“๐Ÿ—๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง ย  โžก๏ธ Female enrollment in higher education has grown by ๐Ÿ๐Ÿ–% since 2014. ย  Every crypto trader was waiting to hear something good about crypto taxation, but there was no such thing ๐Ÿ˜ข ย  The problem is still the same, which is ย  โ™ฆ๏ธ 30% Taxes โ™ฆ๏ธ 1% TDS โ™ฆ๏ธ No Banking support โ™ฆ๏ธ No Loss offset ย  Until and unless there is any update on these things, the future of #Crypto in India ๐Ÿ‡ฎ๐Ÿ‡ณ is still uncertain. #BudgetSession #reducecryptotax #Write2Earn
Did You Miss #Budget2024 โ“
ย 
Here's everything you need to know ๐Ÿ‘‡
ย 
โžก๏ธ There is no change in Crypto taxation (Still ๐Ÿ‘๐ŸŽ% ๐ญ๐š๐ฑ and ๐Ÿ% ๐“๐ƒ๐’)
ย 
โžก๏ธ For entrepreneurs, PM Mudra Yojna has sanctioned loans worth ๐‘๐ฌ ๐Ÿ๐Ÿ.๐Ÿ“ ๐œ๐ซ๐จ๐ซ๐ž
ย 
โžก๏ธ The fiscal deficit for Financial Year 2024 was revised to ๐Ÿ“.๐Ÿ–%
ย 
โžก๏ธ First Development India inflows have grown by 2x since 2014 and is currently at $๐Ÿ“๐Ÿ—๐Ÿ” ๐›๐ข๐ฅ๐ฅ๐ข๐จ๐ง
ย 
โžก๏ธ Female enrollment in higher education has grown by ๐Ÿ๐Ÿ–% since 2014.
ย 
Every crypto trader was waiting to hear something good about crypto taxation, but there was no such thing ๐Ÿ˜ข
ย 
The problem is still the same, which is
ย 
โ™ฆ๏ธ 30% Taxes

โ™ฆ๏ธ 1% TDS

โ™ฆ๏ธ No Banking support

โ™ฆ๏ธ No Loss offset
ย 
Until and unless there is any update on these things, the future of #Crypto in India ๐Ÿ‡ฎ๐Ÿ‡ณ is still uncertain.

#BudgetSession #reducecryptotax #Write2Earn
๐Ÿš€๐Ÿ’Ž Elevate the Crypto Movement: Unite for Tax Justice in India! #reducecryptotax ๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ณ Dear Trailblazing Crypto Warriors, In the dazzling realm of Crypto, India stands tall as the frontrunner in Adoption! ๐Ÿš€๐ŸŒ However, our victory is marred by the weight of taxes that befall us like a relentless storm. ๐Ÿฅฒ Today, we rally for change! ๐Ÿ”ฅ The Current Battlefront: - ๐Ÿ’ธ 30% Tax: A dragon demanding a hefty toll on our triumphant gains. - ๐Ÿ“ 1% TDS: A labyrinthine tax deduction, complicating our financial saga. - ๐Ÿšซ No Loss Offset: A gaping hole in our defenses when the market turns. Yet, against these odds, the Crypto Revolution persists! ๐ŸŒช๏ธ Investors, it's time to forge a new narrative and visualize a future where: โœจ The Visionary Utopia: - โœ… Proper Tax Slabs: Crafted with finesse to honor the intricacies of crypto investments. - โœ… 0.001% TDS: A mere whisper of taxation, liberating our gains from undue burdens. - โœ… Loss Offset: A shield against market storms, ensuring resilience in the face of volatility. ๐Ÿ˜๐Ÿ’ช Why This Is Our Moment: Crypto's potential is boundless, but fair taxation is the key to unlocking its true power. This isn't merely about reducing tax bills; it's a call to sculpt a vibrant crypto ecosystem benefiting all pioneers. ๐ŸŒ๐Ÿ’ฐ ๐Ÿ”— Your Call to Action: Like โค๏ธ and share this post to amplify our collective voice. Let's engrave the demand for fair crypto taxation into the very fabric of our digital revolution! ๐Ÿ“ขโœŠ ๐Ÿš€ Together, We Shape the Destiny of Crypto in India! #reducecryptotax #CryptoUprising #TaxJustice #IndiaCryptoLeadership ๐Ÿ’Ž๐Ÿš€
๐Ÿš€๐Ÿ’Ž Elevate the Crypto Movement: Unite for Tax Justice in India! #reducecryptotax ๐Ÿ’ฐ๐Ÿ‡ฎ๐Ÿ‡ณ

Dear Trailblazing Crypto Warriors,

In the dazzling realm of Crypto, India stands tall as the frontrunner in Adoption! ๐Ÿš€๐ŸŒ However, our victory is marred by the weight of taxes that befall us like a relentless storm. ๐Ÿฅฒ Today, we rally for change!

๐Ÿ”ฅ The Current Battlefront:
- ๐Ÿ’ธ 30% Tax: A dragon demanding a hefty toll on our triumphant gains.
- ๐Ÿ“ 1% TDS: A labyrinthine tax deduction, complicating our financial saga.
- ๐Ÿšซ No Loss Offset: A gaping hole in our defenses when the market turns.

Yet, against these odds, the Crypto Revolution persists! ๐ŸŒช๏ธ Investors, it's time to forge a new narrative and visualize a future where:

โœจ The Visionary Utopia:
- โœ… Proper Tax Slabs: Crafted with finesse to honor the intricacies of crypto investments.
- โœ… 0.001% TDS: A mere whisper of taxation, liberating our gains from undue burdens.
- โœ… Loss Offset: A shield against market storms, ensuring resilience in the face of volatility.

๐Ÿ˜๐Ÿ’ช Why This Is Our Moment:
Crypto's potential is boundless, but fair taxation is the key to unlocking its true power. This isn't merely about reducing tax bills; it's a call to sculpt a vibrant crypto ecosystem benefiting all pioneers. ๐ŸŒ๐Ÿ’ฐ

๐Ÿ”— Your Call to Action:
Like โค๏ธ and share this post to amplify our collective voice. Let's engrave the demand for fair crypto taxation into the very fabric of our digital revolution! ๐Ÿ“ขโœŠ

๐Ÿš€ Together, We Shape the Destiny of Crypto in India!
#reducecryptotax #CryptoUprising #TaxJustice #IndiaCryptoLeadership ๐Ÿ’Ž๐Ÿš€
๐Ÿš€ Calling all crypto enthusiasts! ๐ŸŒŸ ๐Ÿ“ข Are you tired of the current crypto tax laws holding you back? It's time to take action! ๐Ÿ’ช ๐Ÿ” Here's what we're proposing to the Finance Ministry: 1๏ธโƒฃ Tax slabs tailored to your income bracket for fairer taxation. 2๏ธโƒฃ Say goodbye to hefty TDS fees with a reduction to 0.01% or none at all! 3๏ธโƒฃ Allow loss setoff to balance out your gains and losses effectively. It's time to make our voices heard and advocate for crypto-friendly policies! ๐Ÿ“ฃ Join the movement and let's #reducecryptotax together! ๐Ÿ’ผ๐Ÿ’ฐ #Write2Earn #crypto #India #Binance
๐Ÿš€ Calling all crypto enthusiasts! ๐ŸŒŸ

๐Ÿ“ข Are you tired of the current crypto tax laws holding you back? It's time to take action! ๐Ÿ’ช

๐Ÿ” Here's what we're proposing to the Finance Ministry:

1๏ธโƒฃ Tax slabs tailored to your income bracket for fairer taxation.
2๏ธโƒฃ Say goodbye to hefty TDS fees with a reduction to 0.01% or none at all!
3๏ธโƒฃ Allow loss setoff to balance out your gains and losses effectively.

It's time to make our voices heard and advocate for crypto-friendly policies! ๐Ÿ“ฃ Join the movement and let's #reducecryptotax together! ๐Ÿ’ผ๐Ÿ’ฐ
#Write2Earn #crypto #India #Binance
๐ŸŒŸ ๐—•๐—ถ๐—ด ๐—ก๐—ฒ๐˜„๐˜€ ๐—”๐—น๐—ฒ๐—ฟ๐˜! Amit Shah Urges Modi Ji to Explore Crypto Taxation - Could it be India's Golden Opportunity? ๐ŸŒŸ ๐Ÿ” Attention, everyone! Amit Shah's recent discussion with Modi Ji on crypto taxation has set the stage for a potential game-changer! Shah highlights it as a golden opportunity for the future. ๐Ÿ’ผ Could India's crypto tax be slashed below 30% under the BJP government? ๐Ÿค” #reducecryptotax #BJP #GameChanger ๐Ÿ’ก Stay tuned as the government ponders over this crucial decision! Join the conversation and share your insights! Let's shape the future of crypto taxation together! ๐Ÿ’ฌ๐Ÿš€ #Write2Earn #Binance
๐ŸŒŸ ๐—•๐—ถ๐—ด ๐—ก๐—ฒ๐˜„๐˜€ ๐—”๐—น๐—ฒ๐—ฟ๐˜! Amit Shah Urges Modi Ji to Explore Crypto Taxation - Could it be India's Golden Opportunity? ๐ŸŒŸ

๐Ÿ” Attention, everyone! Amit Shah's recent discussion with Modi Ji on crypto taxation has set the stage for a potential game-changer! Shah highlights it as a golden opportunity for the future. ๐Ÿ’ผ Could India's crypto tax be slashed below 30% under the BJP government? ๐Ÿค” #reducecryptotax #BJP #GameChanger

๐Ÿ’ก Stay tuned as the government ponders over this crucial decision! Join the conversation and share your insights! Let's shape the future of crypto taxation together! ๐Ÿ’ฌ๐Ÿš€
#Write2Earn #Binance
US - Bitcoin & Ethereum Spot ETF approved US Congress - On the way to Pass Crypto Regulation Bill along with Ban CBDC bill Meanwhile in India - Crypto is still considered Gambling & Taxed at Flat 30% we promote dream11 here ๐Ÿ˜Ž #indiaceyptotax #reducecryptotax
US - Bitcoin & Ethereum Spot ETF approved

US Congress - On the way to Pass Crypto Regulation Bill along with Ban CBDC bill

Meanwhile in India - Crypto is still considered Gambling & Taxed at Flat 30%

we promote dream11 here ๐Ÿ˜Ž

#indiaceyptotax #reducecryptotax
1. 2013: RBI issues an advisory against cryptocurrency 2. 2017: The finance ministry said that #crypto is a Ponzi. 3. 2018: RBI issues a circular banning crypto 4. 2020: The Supreme Court overturns the RBI's crypto ban. 5. 2021: The government reiterated its plan for banning and prohibiting cryptocurrencies. 6. 2022: The Finance Minister announced a 30% tax and 1% TDS on crypto assets. 7. 2023: The Finance Minister calls for global crypto regulation. 8. 2024: The Indian government banned foreign exchange URLs and removed them from the App Store. 9. 2024: #Binanceโ€ฏโ€ฏโ€ฏ and #KuCoin became FIU-compliant. If you compare this with US crypto developments, India is still where the US was in 2013. India needs to act quickly; otherwise, they'll be left behind. #reducecryptotax
1. 2013: RBI issues an advisory against cryptocurrency

2. 2017: The finance ministry said that #crypto is a Ponzi.

3. 2018: RBI issues a circular banning crypto

4. 2020: The Supreme Court overturns the RBI's crypto ban.

5. 2021: The government reiterated its plan for banning and prohibiting cryptocurrencies.

6. 2022: The Finance Minister announced a 30% tax and 1% TDS on crypto assets.

7. 2023: The Finance Minister calls for global crypto regulation.

8. 2024: The Indian government banned foreign exchange URLs and removed them from the App Store.

9. 2024: #Binanceโ€ฏโ€ฏโ€ฏ and #KuCoin became FIU-compliant.

If you compare this with US crypto developments, India is still where the US was in 2013.

India needs to act quickly; otherwise, they'll be left behind.

#reducecryptotax
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Bullish
No More Taxes! Thailand Removes VAT to Become Asia Crypto Hub ๐Ÿ”ต Thailand's Finance Ministry has removed the 7% value-added tax (VAT) on cryptocurrency trading ๐Ÿ”ต Effective January 1, 2024 with no specified expiration ๐Ÿ”ต Applies to authorized digital asset exchanges, brokers, and dealers regulated by the Securities and Exchange Commission of Thailand (SEC) Goals Behind Decision: ๐Ÿ”ต Promote Thailand as a digital asset hub in the region ๐Ÿ”ต Support further growth of the country's cryptocurrency industry ๐Ÿ”ต Provide a boost to the digital economy Previous Actions: ๐Ÿ”ต VAT exemption on transfer of digital tokens enacted May 14, 2023 ๐Ÿ”ต Thailand has become a top jurisdiction for offshore crypto investors Future Outlook: ๐Ÿ”ต Ministry of Finance and SEC amending securities laws to classify digital tokens as securities ๐Ÿ”ต Expected to further expand Thailand's #cryptocurrency market activity and access When will India wake up and smell the crypto revolution brewing? Please #reducecryptotax ๐Ÿ“ขDisclaimer: The information provided here is for general informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are subject to market risks, including the potential loss of principal. Past performance is not indicative of future results. ๐Ÿซ‚Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
No More Taxes! Thailand Removes VAT to Become Asia Crypto Hub

๐Ÿ”ต Thailand's Finance Ministry has removed the 7% value-added tax (VAT) on cryptocurrency trading
๐Ÿ”ต Effective January 1, 2024 with no specified expiration
๐Ÿ”ต Applies to authorized digital asset exchanges, brokers, and dealers regulated by the Securities and Exchange Commission of Thailand (SEC)

Goals Behind Decision:
๐Ÿ”ต Promote Thailand as a digital asset hub in the region
๐Ÿ”ต Support further growth of the country's cryptocurrency industry
๐Ÿ”ต Provide a boost to the digital economy

Previous Actions:
๐Ÿ”ต VAT exemption on transfer of digital tokens enacted May 14, 2023
๐Ÿ”ต Thailand has become a top jurisdiction for offshore crypto investors

Future Outlook:
๐Ÿ”ต Ministry of Finance and SEC amending securities laws to classify digital tokens as securities
๐Ÿ”ต Expected to further expand Thailand's #cryptocurrency market activity and access

When will India wake up and smell the crypto revolution brewing?

Please #reducecryptotax

๐Ÿ“ขDisclaimer: The information provided here is for general informational purposes only and does not constitute financial, investment, or legal advice. Cryptocurrency investments are subject to market risks, including the potential loss of principal. Past performance is not indicative of future results.

๐Ÿซ‚Remember: A lot of Hardwork goes into for providing you Best Investment Articles.Your Generous Tips would Empower our Mission and help us to work even Harder for you to give Best Investment Advice.
From few years Asian Govt are playing Different Dramas : India Ban on banks dealing Crypto back in 2018 Then a year ago impose a 30% Crypto Tax + 1% TDS Now yesterday they removed crypto international exchanges and Block URLs Being an Huge admirer of India in world of tech But Sad to see ongoing issues. Their attention is to focus on Using Indian exchange But I guess the quality of service is Not on that level; Liquidity is the biggest issue. Indian Govt Should cooperate and set with regulators to Build up a fair policy acceptable for all The future is blockChain Crypto tech No matter what the circumstances are #reducecryptotax #crypto #bitcoin
From few years Asian Govt are playing Different Dramas :

India Ban on banks dealing Crypto back in 2018

Then a year ago impose a 30% Crypto Tax + 1% TDS

Now yesterday they removed crypto international

exchanges and Block URLs Being an Huge admirer of India in world of tech But Sad to see ongoing issues.

Their attention is to focus on Using Indian exchange

But I guess the quality of service is Not on that level; Liquidity is the biggest issue.

Indian Govt Should cooperate and set with regulators to Build up a fair policy acceptable for all

The future is blockChain Crypto tech

No matter what the circumstances are
#reducecryptotax
#crypto
#bitcoin
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