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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 body’s 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 “Phenomenal Increase” 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 crypto’s adoption in the world’s most populated country.
In her 2022-23 Budget speech, India’s Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited “phenomenal increase” 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 body’s 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 “Phenomenal Increase” 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 crypto’s adoption in the world’s most populated country.
In her 2022-23 Budget speech, India’s Finance Minister Nirmala Sitharaman announced one percent #TDS on crypto transactions.
She cited “phenomenal increase” 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.
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#FREESIGNALRESULT #kalata #ani #can #ramenswap
discuss 4 MICROCAP coins/tokens ☑️
ani token has started making big profits ☑️
just kalata, channels, and ramenswap ☑️
Which do you think is the most profitable?
and which one can do 1000x at this party? ☑️🔝
discuss 4 MICROCAP coins/tokens ☑️
ani token has started making big profits ☑️
just kalata, channels, and ramenswap ☑️
Which do you think is the most profitable?
and which one can do 1000x at this party? ☑️🔝
#FreeSignal🚥 #microcaps #Write2Earn #TrendingTopic #BTC
$BNB $BTC
Hello everyone, today I will discuss 4 microcap ✅
In your opinion, which of these 4 microcaps will provide profits of 100x to 1000x?
First I will discuss ani,
This Ani token really attracts attention with its attractive image, and throughout this month the price has continued to increase... for those of you who bought it with me 2 months ago, you are definitely happy because you have started making big profits ✅
But do you think it can provide 1000x profits?
Second I will discuss ramen,
Yes, this ramen is very interesting because the "swap" price is starting to rise ✅ and if you buy like me this month when the price corrects, you will have made quite a big profit ✅ but again, can ramen provide big profits?
The 3rd is Kalata
This kalata is sideways below, I'm annoyed why this kalata hasn't given me big profits 😡 even though the buying and selling costs are cheap and smooth 😡 can kalata give 1000x profits?
The 4th channel
These channels are "c.a.n" like kalata which has not provided big profits 😡😡 agrhhh I'm very annoyed 😡 why do many people buy at expensive prices, but when it's cheap they don't buy 😡
In your opinion, which of them can provide 1000x profits? Please comment ✅ if it's true, we can get a big profit, because there's a big chance we'll sell it when it goes up 1000x ✅
$BNB $BTC
Hello everyone, today I will discuss 4 microcap ✅
In your opinion, which of these 4 microcaps will provide profits of 100x to 1000x?
First I will discuss ani,
This Ani token really attracts attention with its attractive image, and throughout this month the price has continued to increase... for those of you who bought it with me 2 months ago, you are definitely happy because you have started making big profits ✅
But do you think it can provide 1000x profits?
Second I will discuss ramen,
Yes, this ramen is very interesting because the "swap" price is starting to rise ✅ and if you buy like me this month when the price corrects, you will have made quite a big profit ✅ but again, can ramen provide big profits?
The 3rd is Kalata
This kalata is sideways below, I'm annoyed why this kalata hasn't given me big profits 😡 even though the buying and selling costs are cheap and smooth 😡 can kalata give 1000x profits?
The 4th channel
These channels are "c.a.n" like kalata which has not provided big profits 😡😡 agrhhh I'm very annoyed 😡 why do many people buy at expensive prices, but when it's cheap they don't buy 😡
In your opinion, which of them can provide 1000x profits? Please comment ✅ if it's true, we can get a big profit, because there's a big chance we'll sell it when it goes up 1000x ✅
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Congratulations for buying 2 months ago 🥳
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 ✅
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 ✅
#ani #anitoken #Write2Earn #TrendingTopic #BTC $BNB $BTC
Those who have made a profit, please click like and follow, thank you 🌝
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 ✅
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 ✅
#ani #anitoken #Write2Earn #TrendingTopic #BTC $BNB $BTC
Those who have made a profit, please click like and follow, thank you 🌝
ANI TOKEN prices are starting to rise, friends! 🔥
Hopefully it continues to rise consistently, and can increase 10,000x 🤑
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 🚀
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 🤑
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 🚀
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