Post
Topic
Board Bitcoin Discussion
Re: 30% tax on crypto income in INDIA
by
batang_bitcoin
on 04/04/2022, 07:26:26 UTC
At present we all know that in India, up to 30% of one's income is spent on crypto. And it has affected every Indian who works in the crypto industry. If you can guide further on how to go further now. Give some suggestion.
Since you've mentioned working in the crypto industry, if there's a possibility that you can ask for your employer to get paid in fiat then do it.
And once you receive fiat then that's what you're going to use for buying the crypto that you want to hold. Holding isn't going to make you tax I think until you start selling it while that law is active and while you're in India.