HOW INDIA END CRYPTOCURRENCY? 1% TDS By Sumit Gupta CoinDCX
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Writer Yogendra S… Date22-06-26 00:00 Hit3 Comment0Link
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https://youtu.be/rmP2nOoIXPY 1- Connection
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Mukesh Ambani said about the future of blockchain and Cryptocurrency is like internet whose time has come !
Indians have invested 6 lakh crore In crypto currency and most of them were students who use to earn some money by investing in Cryptocurrency and also many of them made a career out of it !
Indian Tax Policy on Cryptocurrency
• 30% tax on every Profit !
• 1% TDS on every trade !
• No deductions !
• No loss offset !
After the tax policy got implemented the Indian exchanges have gone through many tough times as the volume and users got a significant decline as the taxes are not in favour of Indian users !!
Many countries in the world have adopted cryptocurrency with healthy regulations for users in there respected countries !!
#crypto #cryptocurrency #cryptotaxinindia
#tds #reducecryptotax #cryptocurrencynews #cryptonews #nirmalasitharaman #mukeshambani #coindcx #bitcoin
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