Post
Topic
Board Legal
Re: India taxes Cryptocurrencies at 30%, what's next?
by
smartaction
on 02/02/2022, 10:52:41 UTC
It is very annoying that the india government has demanded 30% tax for crypto. This is an a huge amount of tax that no one would ever want to pay.

Is there any possible way to legally avoid the taxations?
How will the government control it where it is a decentralized currency. You can use that wallets to store your currency.  that wallets are not regulated by the india government.  Then there is no way they will be able to track you and find out how much asset you have in cryptocurrency