IndiaCryptoRevolution
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⚠️INDIA vs US Crypto Developments (2013- 2024)⚠️
👉If we compare the developments in the crypto industry between the United States and India, it is evident that India is lagging behind. While the US has made significant progress in embracing cryptocurrencies, India's approach has been more cautious and restrictive. In 2013, the US Internal Revenue Service (IRS) recognized crypto as a property and subject to taxation. In contrast, the Reserve Bank of India (RBI) issued an advisory against cryptocurrencies in the same year.
👉Fast forward to 2024, and the US has witnessed major milestones such as big banks like JP Morgan buying Bitcoin for their wealthy clients, the launch of CME Bitcoin futures, and the approval of multiple Bitcoin spot ETFs by the Securities and Exchange Commission (SEC). On the other hand, India has faced setbacks like the RBI circular banning crypto in 2018, which was later overturned by the Supreme Court in 2020.
👉India's stance on cryptocurrencies has been inconsistent, with the government reiterating its plan to ban and prohibit cryptocurrencies in 2021. Additionally, the Finance Minister announced a 30% tax and 1% TDS on crypto assets in 2022, further hindering the growth of the industry. In contrast, the US has seen major companies like MicroStrategy and Tesla investing in Bitcoin, and the Coinbase IPO going live.
🔴It is disheartening to see India, a country known for its technological prowess, not fully embracing the potential of cryptocurrencies. While the US has recognized the transformative power of this technology, India seems to be stuck in the past. It is crucial for India to adapt and create a positive regulatory framework that fosters innovation and allows the crypto industry to thrive.
🚨 SCAN the pic below 👇 To get Free Usdt 📸
✨If U Click Here before U will not get USDT But Don't Worry We Donate Our 60% Of our Tips To our Followers Every Month⭐
👉So Collect It And Follow @NFTSHITZ Support us 🫶💪🏿
#indiabanURL #IndiaRegulations #cryptoban #IndiaCryptoRevolution #BTC
👉If we compare the developments in the crypto industry between the United States and India, it is evident that India is lagging behind. While the US has made significant progress in embracing cryptocurrencies, India's approach has been more cautious and restrictive. In 2013, the US Internal Revenue Service (IRS) recognized crypto as a property and subject to taxation. In contrast, the Reserve Bank of India (RBI) issued an advisory against cryptocurrencies in the same year.
👉Fast forward to 2024, and the US has witnessed major milestones such as big banks like JP Morgan buying Bitcoin for their wealthy clients, the launch of CME Bitcoin futures, and the approval of multiple Bitcoin spot ETFs by the Securities and Exchange Commission (SEC). On the other hand, India has faced setbacks like the RBI circular banning crypto in 2018, which was later overturned by the Supreme Court in 2020.
👉India's stance on cryptocurrencies has been inconsistent, with the government reiterating its plan to ban and prohibit cryptocurrencies in 2021. Additionally, the Finance Minister announced a 30% tax and 1% TDS on crypto assets in 2022, further hindering the growth of the industry. In contrast, the US has seen major companies like MicroStrategy and Tesla investing in Bitcoin, and the Coinbase IPO going live.
🔴It is disheartening to see India, a country known for its technological prowess, not fully embracing the potential of cryptocurrencies. While the US has recognized the transformative power of this technology, India seems to be stuck in the past. It is crucial for India to adapt and create a positive regulatory framework that fosters innovation and allows the crypto industry to thrive.
🚨 SCAN the pic below 👇 To get Free Usdt 📸
✨If U Click Here before U will not get USDT But Don't Worry We Donate Our 60% Of our Tips To our Followers Every Month⭐
👉So Collect It And Follow @NFTSHITZ Support us 🫶💪🏿
#indiabanURL #IndiaRegulations #cryptoban #IndiaCryptoRevolution #BTC
INDIA 🇮🇳 vs UNITED STATES🇺🇸: CRYPTO Improvements (2013-2024)
When we compare the crypto segment headways within the Joined together States and India, it is evident that India is slacking behind. Whereas the Joined together States has made huge progress in grasping cryptocurrency, India has taken a more cautious and restricted approach. The US Inside Income Benefit (IRS) perceived cryptocurrency as a property subject to tax collection in 2013. In comparison, the Save Bank of India (RBI) issued a caution almost cryptocurrencies the same year.Quick forward to 2024, and the US has seen major turning points such as huge banks like JP Morgan buying Bitcoin for their well off clients, the dispatch of CME Bitcoin prospects, and the endorsement of different Bitcoin spot ETFs by the Securities and Trade Commission (SEC). On the other hand, India has confronted mishaps just like the RBI circular forbidding crypto in 2018, which was afterward upset by the Preeminent Court in 2020.India's position on cryptocurrencies has been conflicting, with the government emphasizing its arrange to boycott and forbid cryptocurrencies in 2021. Furthermore, the Fund Serve declared a 30% charge and 1% TDS on crypto resources in 2022, encourage ruining the development of the industry. In differentiate, the US has seen major companies like MicroStrategy and Tesla contributing in Bitcoin, and the Coinbase IPO going live.It is discouraging to see India, a nation known for its innovative ability, not completely grasping the potential of cryptocurrencies. Whereas the US has recognized the transformative control of this innovation, India seems to be stuck within the past. It is imperative for India to alter and make a positive authoritative framework that develops advancement and grants the crypto industry to prosper. #BTC #binance #IndiaCryptoRevolution #sol $BTC $SOL
Good News for India users
Binance, has recently introduced two new web addresses specifically for its Indian customers: binance.me and binance.info. This move aims to provide Indian users with dedicated access to Binance's services and resources.
#BinanceVote #BitcoinETFapproved #IndiaCryptoRevolution #BitcoinPrice2024
Binance, has recently introduced two new web addresses specifically for its Indian customers: binance.me and binance.info. This move aims to provide Indian users with dedicated access to Binance's services and resources.
#BinanceVote #BitcoinETFapproved #IndiaCryptoRevolution #BitcoinPrice2024
#Bitcoin retreats to one-month low as ETF-led enthusiasm wanes.
Bitcoin briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.
Crypto Price Today: Bitcoin holds near $42,800; Altcoins trade with mixed cues.
Bitcoin did not move much but clutched near the $42,800 mark, whereas Ethereum was comfortable above $2,550 levels amid the jittered sentiment for the digital token market.
#IndiaCryptoRevolution
Crypto Price Today: Bitcoin tops $28,000; Ethereum nears $1,600; Solana rises 9%.
Bitcoin briefly flirted with a drop below $40,000 before trading at $41,160 as of 6:30 a.m. Friday in Singapore, a decline of 3% in the past 24 hours. Smaller tokens like Ether, Solana and Polkadot also struggled.
Crypto Price Today: Bitcoin holds near $42,800; Altcoins trade with mixed cues.
Bitcoin did not move much but clutched near the $42,800 mark, whereas Ethereum was comfortable above $2,550 levels amid the jittered sentiment for the digital token market.
#IndiaCryptoRevolution
Crypto Price Today: Bitcoin tops $28,000; Ethereum nears $1,600; Solana rises 9%.
Attention Crypto Enthusiasts in India!
The Indian crypto community is facing challenges with high taxation, hindering potential investors from exploring the exciting world of #crypto
India currently has the highest #Crypto taxation globally, discouraging new entrants and affecting career pursuits.
It's time for a change! We urge @nsitharaman and authorities to reconsider the 1% tax on VDA transactions, the 30% tax on capital gains, and to allow loss setoff for #Crypto users.
Let's strike a balance between innovation and regulation for the growth and adoption of the #crypto industry. Clear and fair regulations will benefit everyone!
Join us in the movement to #reducecryptotax and pave the way for a thriving crypto ecosystem in India! #CryptoForAll #IndiaCryptoRevolution
The Indian crypto community is facing challenges with high taxation, hindering potential investors from exploring the exciting world of #crypto
India currently has the highest #Crypto taxation globally, discouraging new entrants and affecting career pursuits.
It's time for a change! We urge @nsitharaman and authorities to reconsider the 1% tax on VDA transactions, the 30% tax on capital gains, and to allow loss setoff for #Crypto users.
Let's strike a balance between innovation and regulation for the growth and adoption of the #crypto industry. Clear and fair regulations will benefit everyone!
Join us in the movement to #reducecryptotax and pave the way for a thriving crypto ecosystem in India! #CryptoForAll #IndiaCryptoRevolution
India Crypto Tax #IndiaCryptoRevolution #CryptoTaxReform
LIVE
Mbeyaconscious
--
Unleashing India's Crypto Potential: A Call for Reduced Taxes 🇮🇳
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?
🌐 Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
💼 Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
💸 Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
🌍 Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
📢 Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
🚀 Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
🤝 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
🌈 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! 🇮🇳 #CryptoTaxReform #IndiaCryptoRevolution
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?
🌐 Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
💼 Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
💸 Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
🌍 Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
📢 Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
🚀 Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
🤝 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
🌈 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! 🇮🇳 #CryptoTaxReform #IndiaCryptoRevolution
Can existing Binance members still participate in trading, and will it have an impact on our assets in the future? The uncertainty surrounding when Binance will be back adds to concerns. Currently facing financial difficulties, I'm eager to avoid remaining in this situation.#TrendingTopic #IndiaCryptoRevolution #TrendingTopic
See original
Unlocking India's Crypto Power: A Vibrant Call for Tax Cuts
Introduction :
In the dynamic whirlwind of cryptocurrencies, India stands at a decisive crossroads. The urgent need to lower taxes on cryptocurrencies is not just a request; it is a strategic necessity to unlock the country’s digital potential.
Why reduce taxes on cryptocurrencies?
🌐 Global Competitiveness: To shine on the international stage, India must align its tax policies with global standards, thereby attracting investments and propelling innovation.
In the dynamic whirlwind of cryptocurrencies, India stands at a decisive crossroads. The urgent need to lower taxes on cryptocurrencies is not just a request; it is a strategic necessity to unlock the country’s digital potential.
Why reduce taxes on cryptocurrencies?
🌐 Global Competitiveness: To shine on the international stage, India must align its tax policies with global standards, thereby attracting investments and propelling innovation.
How can the Indian government do so much? The Indian government has no problem in selling cigarettes, gutkha, tobacco and liquor. Where people are earning money using their skills, there is a problem. Due to all these reasons people leave India and settle in other countries.
#etf #BTC #IndiaCryptoRevolution #indiabanURL #IndiaCryptoBan
#etf #BTC #IndiaCryptoRevolution #indiabanURL #IndiaCryptoBan
LIVEPRO Crypto Tech
--
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
I have so many good traders friends so many followers from India
I Hope the situation get clear Soon🙏
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
I have so many good traders friends so many followers from India
I Hope the situation get clear Soon🙏
Good News for India users
Following
Binance, has recently introduced two new web addresses specifically for its Indian customers: binance.me and binance.info. This move aims to provide Indian users with dedicated access to Binance's services and resources.
#IndiaCryptoRevolution #indiabanURL #IndianRegulation #IndianRegulation #BTC
Following
Binance, has recently introduced two new web addresses specifically for its Indian customers: binance.me and binance.info. This move aims to provide Indian users with dedicated access to Binance's services and resources.
#IndiaCryptoRevolution #indiabanURL #IndianRegulation #IndianRegulation #BTC
Facts why we dont use Indian Exchanges
#cryptoexchange #cryptoindia #IndiaCryptoRevolution #CryptoCommunityWatch #trendingtoday
#cryptoexchange #cryptoindia #IndiaCryptoRevolution #CryptoCommunityWatch #trendingtoday
Quoted content has been removed
BCUT Takes Center Stage on CoinDCX: A Milestone Moment for Crypto Investors
The eagerly awaited moment has arrived: BCUT, the native token of bitsCrunch, has officially debuted on CoinDCX, India's premier cryptocurrency exchange platform. This monumental listing represents a significant leap forward for BCUT and the broader crypto community, as it opens up new avenues for Indian investors to engage with cutting-edge crypto analytics and services. With BCUT now accessible on CoinDCX, investors can harness the power of bitsCrunch's advanced data analytics tools and real-time market insights to make informed decisions and navigate the dynamic crypto landscape with confidence.
As BCUT continues to gain momentum on CoinDCX, it serves as a beacon of innovation and accessibility in the ever-evolving world of cryptocurrency. Through seamless integration with CoinDCX's platform, BCUT aims to drive adoption and empower individuals to participate in the crypto market like never before. With its user-friendly interface and robust features, BCUT is poised to revolutionize the way Indian investors engage with digital assets, paving the way for a more inclusive and decentralized financial future.
#BCUT #bitsCrunch #CoinDCX #CryptoListing #CryptoNews🚀🔥 #Blockchain #cryptoanalysis #Cryptocurrencyx #IndiaCryptoRevolution #CryptoInvesting #Decentralization #FinancialInclusion
The eagerly awaited moment has arrived: BCUT, the native token of bitsCrunch, has officially debuted on CoinDCX, India's premier cryptocurrency exchange platform. This monumental listing represents a significant leap forward for BCUT and the broader crypto community, as it opens up new avenues for Indian investors to engage with cutting-edge crypto analytics and services. With BCUT now accessible on CoinDCX, investors can harness the power of bitsCrunch's advanced data analytics tools and real-time market insights to make informed decisions and navigate the dynamic crypto landscape with confidence.
As BCUT continues to gain momentum on CoinDCX, it serves as a beacon of innovation and accessibility in the ever-evolving world of cryptocurrency. Through seamless integration with CoinDCX's platform, BCUT aims to drive adoption and empower individuals to participate in the crypto market like never before. With its user-friendly interface and robust features, BCUT is poised to revolutionize the way Indian investors engage with digital assets, paving the way for a more inclusive and decentralized financial future.
#BCUT #bitsCrunch #CoinDCX #CryptoListing #CryptoNews🚀🔥 #Blockchain #cryptoanalysis #Cryptocurrencyx #IndiaCryptoRevolution #CryptoInvesting #Decentralization #FinancialInclusion
#DoYouKnow
On January 12, 2024 #India blocked access to websites of several offshore crypto exchanges, including #Binance , KuCoin, OKX, Gate.io and etc.
These exchanges ensure users that their funds are safe and these websites can still be accessed using VPNs.
#SupportQualityContent
#IndiaCryptoRevolution
On January 12, 2024 #India blocked access to websites of several offshore crypto exchanges, including #Binance , KuCoin, OKX, Gate.io and etc.
These exchanges ensure users that their funds are safe and these websites can still be accessed using VPNs.
#SupportQualityContent
#IndiaCryptoRevolution
Unleashing India's Crypto Potential: A Call for Reduced Taxes 🇮🇳
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?
🌐 Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
💼 Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
💸 Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
🌍 Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
📢 Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
🚀 Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
🤝 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
🌈 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! 🇮🇳 #CryptoTaxReform #IndiaCryptoRevolution
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?
🌐 Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
💼 Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
💸 Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
🌍 Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
📢 Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
🚀 Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
🤝 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
🌈 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! 🇮🇳 #CryptoTaxReform #IndiaCryptoRevolution
The Indian government has to #ReduceCtyptoTax now or later.
1% TDS on each trade makes no sense.
People will use Indian CEX for HODL only. So exchanges will suffer with volume.
Some will go for loopholes and a % of market will turn into grey market.
Govt will lose revenue.
#IndianRegulation #IndiaCryptoRevolution #CryptoTaxReform #indiabanURL #cryptocurrecny
1% TDS on each trade makes no sense.
People will use Indian CEX for HODL only. So exchanges will suffer with volume.
Some will go for loopholes and a % of market will turn into grey market.
Govt will lose revenue.
#IndianRegulation #IndiaCryptoRevolution #CryptoTaxReform #indiabanURL #cryptocurrecny
🇮🇳 Attention Crypto Enthusiasts in India! 🚀
🌐 The Indian crypto community is facing challenges with high taxation, hindering potential investors from exploring the exciting world of #Crypto.
📈 India currently has the highest #Crypto taxation globally, discouraging new entrants and affecting career pursuits.
🛑 It's time for a change! We urge @nsitharaman and authorities to reconsider the 1% tax on VDA transactions, the 30% tax on capital gains, and to allow loss setoff for #Crypto users.
⚖️ Let's strike a balance between innovation and regulation for the growth and adoption of the #crypto industry. Clear and fair regulations will benefit everyone!
📣 Join us in the movement to #reducecryptotax and pave the way for a thriving crypto ecosystem in India! 🚀🇮🇳 #CryptoForAll #IndiaCryptoRevolution
🌐 The Indian crypto community is facing challenges with high taxation, hindering potential investors from exploring the exciting world of #Crypto.
📈 India currently has the highest #Crypto taxation globally, discouraging new entrants and affecting career pursuits.
🛑 It's time for a change! We urge @nsitharaman and authorities to reconsider the 1% tax on VDA transactions, the 30% tax on capital gains, and to allow loss setoff for #Crypto users.
⚖️ Let's strike a balance between innovation and regulation for the growth and adoption of the #crypto industry. Clear and fair regulations will benefit everyone!
📣 Join us in the movement to #reducecryptotax and pave the way for a thriving crypto ecosystem in India! 🚀🇮🇳 #CryptoForAll #IndiaCryptoRevolution
🇮🇳 Attention Indian Crypto Enthusiasts! 🚀
In the vast landscape of cryptocurrency, our community in India faces a pressing issue – high taxation. This has become a roadblock for many potential investors, causing them to miss out on the incredible opportunities presented by digital assets like Bitcoin.
📈 India currently holds the title for the highest crypto taxation among all nations, creating a barrier that hampers exploration in the crypto space. The consequences extend beyond missed investment chances; they reach into the realm of hindering career pursuits.
🛑 We believe it's time for change! Our collective voice calls upon @nsitharaman and the authorities to reconsider the burdensome 1% tax on VDA transactions, the hefty 30% tax on capital gains, and to allow loss setoff for crypto users.
⚖️ Striking a delicate balance between innovation and regulation is essential for the flourishing of the crypto industry. Unfair regulations and tax policies not only harm the industry but also impede its growth and widespread adoption.
📣 Join us in this movement to #reducecryptotax! Let's work together to establish clear, fair regulations for digital currencies in India, fostering an environment where the crypto industry can thrive. 🚀🇮🇳 #CryptoForAll #IndiaCryptoRevolution #TradeNTell
In the vast landscape of cryptocurrency, our community in India faces a pressing issue – high taxation. This has become a roadblock for many potential investors, causing them to miss out on the incredible opportunities presented by digital assets like Bitcoin.
📈 India currently holds the title for the highest crypto taxation among all nations, creating a barrier that hampers exploration in the crypto space. The consequences extend beyond missed investment chances; they reach into the realm of hindering career pursuits.
🛑 We believe it's time for change! Our collective voice calls upon @nsitharaman and the authorities to reconsider the burdensome 1% tax on VDA transactions, the hefty 30% tax on capital gains, and to allow loss setoff for crypto users.
⚖️ Striking a delicate balance between innovation and regulation is essential for the flourishing of the crypto industry. Unfair regulations and tax policies not only harm the industry but also impede its growth and widespread adoption.
📣 Join us in this movement to #reducecryptotax! Let's work together to establish clear, fair regulations for digital currencies in India, fostering an environment where the crypto industry can thrive. 🚀🇮🇳 #CryptoForAll #IndiaCryptoRevolution #TradeNTell
🚀 Embrace the Future with Fair Taxation! 🌐
🇮🇳 India, let's empower the growth of innovation in:
1. 🕸️ Web3
2. 📈 Crypto Trading
3. 🌌 Metaverse
4. 🔗 Public Blockchain
5. 💻 Web3 Developer Careers
📉 High crypto taxes can deter newcomers. Let's advocate for #ReduceCryptoTax to foster a thriving digital ecosystem! 🚀✨ Join the movement for a crypto-friendly India! 🇮🇳💙 #CryptoInnovation #FutureTech #IndiaCryptoRevolution
🇮🇳 India, let's empower the growth of innovation in:
1. 🕸️ Web3
2. 📈 Crypto Trading
3. 🌌 Metaverse
4. 🔗 Public Blockchain
5. 💻 Web3 Developer Careers
📉 High crypto taxes can deter newcomers. Let's advocate for #ReduceCryptoTax to foster a thriving digital ecosystem! 🚀✨ Join the movement for a crypto-friendly India! 🇮🇳💙 #CryptoInnovation #FutureTech #IndiaCryptoRevolution
⚠️If you're from #India and worried about India banning Crypto exchanges URLS⚠️
👉here is the message from binance support. Share the post with your indian friends and keep them aware about the situation.
#IndiaCryptoRevolution #IndiaBan #binanceindia #cryptonews
👉here is the message from binance support. Share the post with your indian friends and keep them aware about the situation.
#IndiaCryptoRevolution #IndiaBan #binanceindia #cryptonews
Alert 🔻🔻 Indian Crypto Investors 🇮🇳
INR Withdrawal is becoming the biggest problem for Indians due to P2P bank account freeze 📌
This tweet will help everyone to understand, how we can save ourselves through each other's learning 📌
- Share your P2P story ?
- How you're withdrawing your INR ?
- What mistakes have you done, which others should avoid ?
- What happened after Bank Account Freeze ?
- Only your P2P bank account got freeze ? Or all your accounts
Also, inviting industry players to comment here and share the best possible solution for Indians to withdraw INR ₹quickly at a better rate
Note : Some Indian exchanges didn't let users withdraw their INR for the first 24 hours after deposit from other wallets or exchange
#IndiaCrypto #IndiaCryptoRevolution #INR #cryptoinvestors #P2PScamAwareness
INR Withdrawal is becoming the biggest problem for Indians due to P2P bank account freeze 📌
This tweet will help everyone to understand, how we can save ourselves through each other's learning 📌
- Share your P2P story ?
- How you're withdrawing your INR ?
- What mistakes have you done, which others should avoid ?
- What happened after Bank Account Freeze ?
- Only your P2P bank account got freeze ? Or all your accounts
Also, inviting industry players to comment here and share the best possible solution for Indians to withdraw INR ₹quickly at a better rate
Note : Some Indian exchanges didn't let users withdraw their INR for the first 24 hours after deposit from other wallets or exchange
#IndiaCrypto #IndiaCryptoRevolution #INR #cryptoinvestors #P2PScamAwareness