Quote from: uttoransen on January 14, 2022, 03:48:10 PM

People in the crypto industry should pay taxes by their own. It would had been a great headline if such exchanges had paid their GST on time and set an example showing the nation how much crypto is contributing towards the Taxes.

Crypto communities have always helped their countries, be it Covid relief or any other such requirements - people of the crypto communities have helped.

Surely the rules and the laws regarding crypto isn't all that clear and perhaps in time when the crypto bill goes live, it will be easier for these exchanges to pay their due.

I absolutely agree with what you said. The thing is that it's not obvious for some entities in crypto industry that trying to not break the law is actually a good thing. Some people want to see themselves as rebels, or, pirates, if you will, and pirates don't pay taxes, so they think it's cool to do the same.

Not everyone in the crypto industry is like that, of course, but it is unclear, especially to those from the younger generation, that breaking the law is not cool anymore.