reducecryptotax
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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
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
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
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
đđ đđŽđšđšđśđťđ´ đđšđš đđżđđ˝đđź đŞđŽđżđżđśđźđżđ! đđ
It's time to unite and amplify our voices for a cause that affects us all â crypto taxation! đ° The crypto community is more than just about digital currencies; it's about energy, innovation, and the future of finance!
Let's spread our wings together and soar towards a brighter tomorrow where crypto taxation is fair and inclusive. Until then, let's stand firm, united in our quest for a level playing field.
Together, we can break free from the shackles of unfair taxation and pave the way for a more equitable future for all crypto enthusiasts! đŞđŤ #TrendigTopic #Write2Earn #Binance #Crypto #FairTaxation #reducecryptotax đđŽđł
It's time to unite and amplify our voices for a cause that affects us all â crypto taxation! đ° The crypto community is more than just about digital currencies; it's about energy, innovation, and the future of finance!
Let's spread our wings together and soar towards a brighter tomorrow where crypto taxation is fair and inclusive. Until then, let's stand firm, united in our quest for a level playing field.
Together, we can break free from the shackles of unfair taxation and pave the way for a more equitable future for all crypto enthusiasts! đŞđŤ #TrendigTopic #Write2Earn #Binance #Crypto #FairTaxation #reducecryptotax đđŽđł
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
#reducecryptotax please join the march and support
LIVE
Mbeyaconscious
--
Unleashing India's Crypto Potential: A Call for Reduced Taxes đŽđł
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?
đ Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
đź Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
đ¸ Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
đ Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
đ˘ Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
đ Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
đ¤ 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
đ 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! đŽđł #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?
đ Global Competitiveness: To compete on the international stage, India must align its tax policies with global standards, attracting investment and fostering innovation.
đź Job Creation: Lower taxes will stimulate job creation across diverse sectors, from technology to legal services, fostering economic growth and expertise within the country.
đ¸ Tax Revenue through Compliance: A balanced tax structure encourages compliance, contributing positively to the government's revenue through transparent channels.
đ Financial Inclusion: Crypto can empower the unbanked and underbanked, promoting financial inclusivity. Lower taxes make crypto more accessible to a broader demographic.
đ˘ Public Advocacy: Join the movement! Social media campaigns amplify the collective voice of the crypto community, influencing policymakers and creating positive change.
Emotional Appeal:
đ Excitement: Imagine the surge of innovation and entrepreneurial spirit when crypto enthusiasts are given the freedom to explore and invest without burdensome taxes.
đ¤ 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
đ 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! đŽđł #CryptoTaxReform #IndiaCryptoRevolution
#reducecryptotax
đŽđł india
đŽđł india
LIVECrypto PM
--
Bullish
BIG NEWS FROM INDIA đĽ
CoinDCX CEO Expects A Cut In Indiaâs Crypto Tax Rate After 2024 Elections
Sumit Gupta, CEO and Co-Founder of CoinDCX, a prominent Indian crypto exchange, recently expressed optimism for crypto tax reform in India. Despite no immediate relief in the Interim Budget for high TDS and crypto tax rates, Gupta remains hopeful for positive changes in the final budget after the elections.
In a recent post on X, Gupta highlighted the challenges posed by the current crypto tax rate of 30% and 1% TDS.
He added the #reducecryptotax to his post to keep the trend alive. Moreover, he emphasized the potential migration of Web3 builders and consumers beyond Indian borders, posing a threat to the emerging Web3 startup ecosystem in the country.
He actively voiced concerns to key stakeholders and seeks a more conducive environment for the industry.
#Write2Earn #indiaceyptotax #CryptoNewsđđ°đŤ
CoinDCX CEO Expects A Cut In Indiaâs Crypto Tax Rate After 2024 Elections
Sumit Gupta, CEO and Co-Founder of CoinDCX, a prominent Indian crypto exchange, recently expressed optimism for crypto tax reform in India. Despite no immediate relief in the Interim Budget for high TDS and crypto tax rates, Gupta remains hopeful for positive changes in the final budget after the elections.
In a recent post on X, Gupta highlighted the challenges posed by the current crypto tax rate of 30% and 1% TDS.
He added the #reducecryptotax to his post to keep the trend alive. Moreover, he emphasized the potential migration of Web3 builders and consumers beyond Indian borders, posing a threat to the emerging Web3 startup ecosystem in the country.
He actively voiced concerns to key stakeholders and seeks a more conducive environment for the industry.
#Write2Earn #indiaceyptotax #CryptoNewsđđ°đŤ
đšđ 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 -đŽđł India is still viewing it as 'Tulip Mania'
#Write2Earn #TrendingTopic #TradeNTell #BTC #reducecryptotax $BTC $ETH $BNB
They are aiming to develop Thailand as the region's digital asset hub.
But 5th largest economy in the world -đŽđł India is still viewing it as 'Tulip Mania'
#Write2Earn #TrendingTopic #TradeNTell #BTC #reducecryptotax $BTC $ETH $BNB
đ Calling all crypto enthusiasts! đ
đ Day 729 Update: The Indian crypto community is uniting with a powerful message for change! đ
đ˘ We're advocating for:
1ď¸âŁ TDS reduction to 0.01%
2ď¸âŁ Profit taxed under existing slabs
3ď¸âŁ Allow setoff of losses
Taxation shouldn't hinder our growth potential. Let's make our voices heard for a more competitive ecosystem! đâ¨
#BuildWeb3 #reducecryptotax #CryptoIndia #BlockchainRevolution #Write2Earn
đ Day 729 Update: The Indian crypto community is uniting with a powerful message for change! đ
đ˘ We're advocating for:
1ď¸âŁ TDS reduction to 0.01%
2ď¸âŁ Profit taxed under existing slabs
3ď¸âŁ Allow setoff of losses
Taxation shouldn't hinder our growth potential. Let's make our voices heard for a more competitive ecosystem! đâ¨
#BuildWeb3 #reducecryptotax #CryptoIndia #BlockchainRevolution #Write2Earn
The U.S. has approved Bitcoin and Ethereum spot ETFs, and Congress is close to passing a crypto regulation bill alongside a bill to ban CBDCs. Meanwhile, in India, crypto remains classified as gambling and is taxed at a flat rate of 30%, even though platforms like Dream11 are promoted. #indiaceyptotax #reducecryptotax
Positive for $BTC #CryptocurrencyAlert as favored by US Senator mrs. Marsha Blackburn says more people will start to transact using Bitcoins their daily lives. Here we also want #reducecryptotax for more transaction.
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#redpocketgift #RedPacketChallenge #redpack202đ4 #RedPacketGiveAway #reducecryptotax $USDC $BTC $ETH
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#redpocketgift #RedPacketChallenge #redpack202đ4 #RedPacketGiveAway #reducecryptotax $USDC $BTC $ETH
đ đđśđđ°đźđśđť đđŽđšđđśđťđ´ đđšđ˛đżđ! đ Get ready for a game-changer in the crypto world! đ
đ° After the halving, BTC could soar beyond $100,000! đ 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! đŽđłđź
⨠Join the call for change, support crypto enthusiasts! đŁ #BitcoinBoom #CryptoFuture #reducecryptotax #IndiaCryptoDreams đ
đ° After the halving, BTC could soar beyond $100,000! đ 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! đŽđłđź
⨠Join the call for change, support crypto enthusiasts! đŁ #BitcoinBoom #CryptoFuture #reducecryptotax #IndiaCryptoDreams đ
đŽđł India, are you listening? It's time to #reducecryptotax and unlock the potential of crypto for our nation's growth! đđ°
Let's make some noise and urge the Indian government to follow Thailand's lead! đŞ
đ Exciting news from Thailand! đšđ The government has just announced the removal of all taxes on crypto gains, paving the way for Thailand to become a leading #Blockchain hub! đâ¨
đĽ Previously taxed at 7%, crypto gains are now TAX-FREE! đ
#CryptoRevolution #TaxFreeCrypto #Binance #Write2Earn đđ
Let's make some noise and urge the Indian government to follow Thailand's lead! đŞ
đ Exciting news from Thailand! đšđ The government has just announced the removal of all taxes on crypto gains, paving the way for Thailand to become a leading #Blockchain hub! đâ¨
đĽ Previously taxed at 7%, crypto gains are now TAX-FREE! đ
#CryptoRevolution #TaxFreeCrypto #Binance #Write2Earn đđ
Certainly, I can help with that.
đŽđł đŠđźđśđ°đ˛ đđźđđż đ˘đ˝đśđťđśđźđť! đŁď¸
The recent directive by the Indian government requiring AI platforms to seek approval before deploying AI models publicly has sparked debates. Let's join together and request a reconsideration for a more collaborative approach towards AI innovation. đ¤đĄ
Tagging the Honorable @Rajeev_GoI and @GoI_MeitY to express our concerns and seek a balance between regulation and fostering technological advancement.
#AIInnovation #TechEthics #CollaborationOverControl #reducecryptotax
đŽđł đŠđźđśđ°đ˛ đđźđđż đ˘đ˝đśđťđśđźđť! đŁď¸
The recent directive by the Indian government requiring AI platforms to seek approval before deploying AI models publicly has sparked debates. Let's join together and request a reconsideration for a more collaborative approach towards AI innovation. đ¤đĄ
Tagging the Honorable @Rajeev_GoI and @GoI_MeitY to express our concerns and seek a balance between regulation and fostering technological advancement.
#AIInnovation #TechEthics #CollaborationOverControl #reducecryptotax
#TrendingTopicChalleng #reducecryptotax
đŽđł Crypto tax should be reduce in India who all are with me just comment below âŹď¸đłđđđŚ đĽ
đŽđł Crypto tax should be reduce in India who all are with me just comment below âŹď¸đłđđđŚ đĽ
đŽđł Unlock Crypto Freedom! đ⨠#BinanceIndia
đ Demand your crypto rights! The government's exchange ban is holding us back, but it's time to voice our concerns.
đĄď¸ Fair Play: Why deny us access while profiting from foreign platforms? It's time for equality in the crypto space.
đ¸ Liquidity Matters: Government, embrace foreign exchanges like #Binance and KuCoin for liquidity and funds. Let's grow together!
âď¸ Logical Solution: Advocate for #reducecryptotax and welcome foreign exchanges to India. Let's build a thriving crypto community!
đ¤ Join the Movement: Like, comment, and follow if you stand for crypto freedom! Together, let's make #BinanceIndia a reality! đâ
đ Demand your crypto rights! The government's exchange ban is holding us back, but it's time to voice our concerns.
đĄď¸ Fair Play: Why deny us access while profiting from foreign platforms? It's time for equality in the crypto space.
đ¸ Liquidity Matters: Government, embrace foreign exchanges like #Binance and KuCoin for liquidity and funds. Let's grow together!
âď¸ Logical Solution: Advocate for #reducecryptotax and welcome foreign exchanges to India. Let's build a thriving crypto community!
đ¤ Join the Movement: Like, comment, and follow if you stand for crypto freedom! Together, let's make #BinanceIndia a reality! đâ
đ Don't let taxes dim your crypto dreams! đ
Embrace the power of HODL and let your profits soar! đ° Say NO to selling in the bear market. đťđ Explore smart strategies to #reducecryptotax and keep your gains blazing! đĽ
đ Don't miss out on the crypto revolution! đŞ
#Binance #Crypto #India
Embrace the power of HODL and let your profits soar! đ° Say NO to selling in the bear market. đťđ Explore smart strategies to #reducecryptotax and keep your gains blazing! đĽ
đ Don't miss out on the crypto revolution! đŞ
#Binance #Crypto #India
1. đ đđ
đ°đśđđśđťđ´ đđżđđ˝đđź đ§đżđ˛đťđąđ: PEPE Token is soaring high, becoming the top trend in the last 24 hours! đ Keep an eye on this dynamic market.
2. đŚ đđšđŽđ°đ¸đĽđźđ°đ¸ đđ§đ đđżđ˛đŽđ¸đśđťđ´ đĽđ˛đ°đźđżđąđ: đ Record-breaking trading volumes for the BlackRock ETF for the second day in a row! Don't miss out on the action.
3. đď¸ đĽđ˛đ´đđšđŽđđśđźđť đ§đŽđšđ¸đ: Sen. Elizabeth Warren emphasizes the importance of crypto industry compliance with U.S. financial rules. Stay informed about the evolving regulatory landscape.
4. đš đ đŽđżđ¸đ˛đ đŁđżđśđ°đ˛đ đŚđťđŽđ˝đđľđźđ:
- CoinDesk 20 Index: 2,177, up 3.5%.
- Bitcoin (BTC): $60,380.90, up 4.8%.
- Ethereum (ETH): $3,323, up 2.2%.
- S&P 500: 5,078.18, up 0.2%.
- Gold: $2,036, up 0.1%.
- Nikkei 225: $2,036, up 0.1%.
5. đ đđśđđ°đźđśđť đĽđŽđšđšđ: BTC is on fire at $64K, with potential for a new high near $69K pre-halving! đĽ Stay ahead in the crypto game.
6. đ¸ đ đ˛đşđ˛ đđźđśđť đŚđđżđ´đ˛: PEPE token's market cap jumps a staggering 153%! đ Join the meme coin excitement and witness unprecedented growth.
7. đ đđ§đ đŠđźđšđđşđ˛đ đŚđźđŽđż: BlackRock's IBIT sees a whopping $1.36 billion in a single day! đ
8. đ¨ đŞđŽđżđżđ˛đť'đ đŞđŽđżđťđśđťđ´: Senator Elizabeth Warren issues a warning, calling for crypto to follow traditional finance rules.
9. đŻ đ đśđ°đżđźđŚđđżđŽđđ˛đ´đ'đ đŁđšđŽđ: MicroStrategy is strategically betting on Bitcoin halving impact!
10. đ đđ-đĽđźđšđšđđ˝đ đđżđźđđđľ: The Scroll project hits 2.6 million weekly transactions! đ
Stay tuned for more updates and make informed decisions in this ever-evolving crypto landscape! đźđ #CryptoUpdate #Blockchain #reducecryptotax #Binance
2. đŚ đđšđŽđ°đ¸đĽđźđ°đ¸ đđ§đ đđżđ˛đŽđ¸đśđťđ´ đĽđ˛đ°đźđżđąđ: đ Record-breaking trading volumes for the BlackRock ETF for the second day in a row! Don't miss out on the action.
3. đď¸ đĽđ˛đ´đđšđŽđđśđźđť đ§đŽđšđ¸đ: Sen. Elizabeth Warren emphasizes the importance of crypto industry compliance with U.S. financial rules. Stay informed about the evolving regulatory landscape.
4. đš đ đŽđżđ¸đ˛đ đŁđżđśđ°đ˛đ đŚđťđŽđ˝đđľđźđ:
- CoinDesk 20 Index: 2,177, up 3.5%.
- Bitcoin (BTC): $60,380.90, up 4.8%.
- Ethereum (ETH): $3,323, up 2.2%.
- S&P 500: 5,078.18, up 0.2%.
- Gold: $2,036, up 0.1%.
- Nikkei 225: $2,036, up 0.1%.
5. đ đđśđđ°đźđśđť đĽđŽđšđšđ: BTC is on fire at $64K, with potential for a new high near $69K pre-halving! đĽ Stay ahead in the crypto game.
6. đ¸ đ đ˛đşđ˛ đđźđśđť đŚđđżđ´đ˛: PEPE token's market cap jumps a staggering 153%! đ Join the meme coin excitement and witness unprecedented growth.
7. đ đđ§đ đŠđźđšđđşđ˛đ đŚđźđŽđż: BlackRock's IBIT sees a whopping $1.36 billion in a single day! đ
8. đ¨ đŞđŽđżđżđ˛đť'đ đŞđŽđżđťđśđťđ´: Senator Elizabeth Warren issues a warning, calling for crypto to follow traditional finance rules.
9. đŻ đ đśđ°đżđźđŚđđżđŽđđ˛đ´đ'đ đŁđšđŽđ: MicroStrategy is strategically betting on Bitcoin halving impact!
10. đ đđ-đĽđźđšđšđđ˝đ đđżđźđđđľ: The Scroll project hits 2.6 million weekly transactions! đ
Stay tuned for more updates and make informed decisions in this ever-evolving crypto landscape! đźđ #CryptoUpdate #Blockchain #reducecryptotax #Binance
We request Indian finance ministry to change current crypto tax laws :
1. Flat 30% Tax
2. 1% TDS
3. No loss setoff
4. Cost of acquisition not defined.
Community Proposed:
1. Tax should be in slabs
2. No tds / 0.01% TDS
3. Loss setoff
#reducecryptotax #Write2Earn #TrendingTopic
1. Flat 30% Tax
2. 1% TDS
3. No loss setoff
4. Cost of acquisition not defined.
Community Proposed:
1. Tax should be in slabs
2. No tds / 0.01% TDS
3. Loss setoff
#reducecryptotax #Write2Earn #TrendingTopic
