Indian🇮🇳 government wants to kill Crypto industry. More than 500+ #web3 active startups in India till July 2023 and 11% of world’s #crypto, Web3 talent is in India.
However Indian government treat #cryptocurrency as a gambling ❓
And The earnings from trading, selling, or swapping #cryptocurrencies are taxed at a flat 30% and No loss set off Other than this, a TDS at 1% is also applicable on the sale of Crypto .
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#reducecryptotax
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