ani
257 views
2 Posts
Hot
Latest
Central Board of Direct Taxes (#CBDT ) has collected more than 100 crore INR ($12 million) from one percent TDS (Tax Deducted at Source) on crypto transactions in this financial year.
The #Indian #government had implemented one percent direct tax on all crypto transactions from July 1, 2022.
In an interview with #ani , the tax bodyâs chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the current financial year from online gaming companies and crypto transactions.
Over 12$ million was collected from taxes on crypto.
Tax Imposed After âPhenomenal Increaseâ in Crypto Transactions
Though crypto regulations in India remain unclear as of now, the central government has imposed heavy taxes in order to curb unsupervised cryptoâs adoption in the worldâs most populated country.
In her 2022-23 Budget speech, Indiaâs Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited âphenomenal increaseâ in crypto transactions as a reason for a specific tax regime.
At the same time, she proposed taxing income from the transfer of any virtual digital asset at 30 per cent.
The central government of India has significantly changed its stance on crypto regulations in the last year.
The #Indian #government had implemented one percent direct tax on all crypto transactions from July 1, 2022.
In an interview with #ani , the tax bodyâs chairman revealed that they have collected over 700 crore INR ($84 million) in TDS during the current financial year from online gaming companies and crypto transactions.
Over 12$ million was collected from taxes on crypto.
Tax Imposed After âPhenomenal Increaseâ in Crypto Transactions
Though crypto regulations in India remain unclear as of now, the central government has imposed heavy taxes in order to curb unsupervised cryptoâs adoption in the worldâs most populated country.
In her 2022-23 Budget speech, Indiaâs Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited âphenomenal increaseâ in crypto transactions as a reason for a specific tax regime.
At the same time, she proposed taxing income from the transfer of any virtual digital asset at 30 per cent.
The central government of India has significantly changed its stance on crypto regulations in the last year.
See original
Congratulations for buying 2 months ago đ„ł
Now that you have made a big profit of more than 50%, it's time to determine the TS, OK?
For those who are just going to buy, SL is at the lowest price this month â
Hopefully the price will continue to rise to 10,000x, so that those who bought it 2 months ago will make more profits, and those who just bought it will also make a profit â
#ani #anitoken #Write2Earn #TrendingTopic #BTC $BNB $BTC
Those who have made a profit, please click like and follow, thank you đ
Now that you have made a big profit of more than 50%, it's time to determine the TS, OK?
For those who are just going to buy, SL is at the lowest price this month â
Hopefully the price will continue to rise to 10,000x, so that those who bought it 2 months ago will make more profits, and those who just bought it will also make a profit â
#ani #anitoken #Write2Earn #TrendingTopic #BTC $BNB $BTC
Those who have made a profit, please click like and follow, thank you đ
LIVEvienna
--
Bullish
ANI TOKEN prices are starting to rise, friends! đ„
Hopefully it continues to rise consistently, and can increase 10,000x đ€
Ani token enters the small market, as long as it doesn't increase above the maximum limit, it's possible that when the price goes up it could go up big đ
When to buy? The answer is when corrected.
When do you sell profitably? The answer is according to the trading plan at the beginning when buying.
When do you sell at a loss? When it passes the strongest bottom price, and the furthest bottom price that already exists.
#LowCaps #MicroCapCrypto #CryptoProfitUpdate
Hopefully it continues to rise consistently, and can increase 10,000x đ€
Ani token enters the small market, as long as it doesn't increase above the maximum limit, it's possible that when the price goes up it could go up big đ
When to buy? The answer is when corrected.
When do you sell profitably? The answer is according to the trading plan at the beginning when buying.
When do you sell at a loss? When it passes the strongest bottom price, and the furthest bottom price that already exists.
#LowCaps #MicroCapCrypto #CryptoProfitUpdate