๐ฎ๐ณ India's crypto paradox:
๐ฅ ~39M crypto investors
๐ฆ RBI still leans toward prohibition
๐งพ Tax dept: under 25% of traders declared gains (FY23)
โ๏ธ No clear law, just 30% tax + 1% TDS
Japan cut to 20%. India still taxes like it's a lottery.
Fix or ban? ๐
#India #Crypto
๐ฅ ~39M crypto investors
๐ฆ RBI still leans toward prohibition
๐งพ Tax dept: under 25% of traders declared gains (FY23)
โ๏ธ No clear law, just 30% tax + 1% TDS
Japan cut to 20%. India still taxes like it's a lottery.
Fix or ban? ๐
#India #Crypto