Post
Topic
Board Bitcoin Discussion
Re: 30% tax on crypto income in INDIA
by
Sterbens
on 04/04/2022, 18:57:29 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.
Why not share it in multiple wallets and not exceed 30% so you can be safe without worrying about big taxes? In addition to the above for you to move countries, you should probably avoid centralized exchanges and always play for a fairly small value. Very unpleasant, right? periodic monitoring by the government to review how much you earn in crypto. Just avoid the government setting a benchmark of 30% tax. For example, you divide it periodically from 15 - 20%. lol