HOW INDIA END CRYPTOCURRENCY? 1% TDS By Sumit Gupta CoinDCX

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Cryptocurrency

Cryptocurrency

HOW INDIA END CRYPTOCURRENCY? 1% TDS By Sumit Gupta CoinDCX

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Writer Yogendra S… Date22-06-26 00:00 Hit3 Comment0

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The Indian Tax Policy isn't Favourable for any Indians and In this Video I'll be Compiling the Main reason and stuff How they came up with the Tax Policy And How many People Who know the Importance of Blockchain Technology and Cryptocurrency who Stand Up For The good regulations on Cryptocurrency!

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


If you like this video Do give it a big thumbs up !
Do share this video with your Crypto buddies !
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Have a great day !

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