Gabbar Singh
@chauvhanms
CRYPTO LOVER. BITCOIN HODLER 🇮🇳.
ID: 1401626054318465025
06-06-2021 19:44:54
307 Tweet
14 Takipçi
157 Takip Edilen
I keep hearing how 30% income tax on crypto gains is acceptable. Think about a gentle man earning 1.5L per year. He needs to pay 45k IT. Now think if that family did not have any other income at all? It was unfair. #reducecryptotax #faircryptotax Day-58 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
Than just the percentage of taxes we should be more bothered about our Govt’s view about crypto industry. They don’t seem to care about how the other counties are progressing by embracing this industry yet. #reducecryptotax #faircryptotax Day-60 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
I am in Dubai for a conf & to meet people. The most common question is not "when did you arrive?". It is instead, "when did you move to Dubai?" or "when you are moving to Dubai?"☹️ India cannot lose out on crypto. #reducecryptotax #faircryptotax Day-61 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
For the TDS paid due to a trade on 01 July 2022, the refund can only be obtained after 30 Sept 2023. This is a very long term to lock 1% of capital in name of TDS for every single trade. #reducecryptotax #faircryptotax Day-64 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
Rummy and poker is not gambling. Fantasy gaming is not betting. But crypto investments are like gambling and betting and hence they deserve to be taxed more?!! Govt needs to do research and get their view right! #reducecryptotax #faircryptotax Day-65 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
Rats are abandoning the ship. #reducecryptotax #faircryptotax Day-79 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
If the main intention of 1% TDS on crypto transactions is to track trades, the same can be achieved with 0.01% as well. This will help in keeping the market more liquid else the fair market prices will get skewed. #reducecryptotax #faircryptotax Day-87 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
India has all ingredients to take the best advantage of the crypto industry. English speaking population, tech-savvy, smartphone and internet penetration etc. Govt should be looking at adoption than taxation. #reducecryptotax #faircryptotax Day-112 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
For people who are admiring the tech behind blockchain, the price of crypto is least exciting part. But crypto and blockchain has to grow together as they feed each other. Unfair taxes are affecting both worlds. #reducecryptotax #faircryptotax Day-114 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
Crypto assets are designed to be global - like internet. It should just have same taxation as other assets. Else breaking borders is inherent to crypto anyway. Govt need to work together and not against crypto. #reducecryptotax #faircryptotax Day-119 #IndiaWantsCrypto Unocoin: India’s Bitcoin & Crypto Exchange
Please 🙏🏻 take some actions, PMO India Office of Amit Shah BJP Manipur Yogi Adityanath Randomsena