Post
Topic
Board Bitcoin Discussion
Re: 30% tax on crypto income in INDIA
by
Coinshots
on 06/04/2022, 10:14:52 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 me further on how to go further now. Give some suggestions.

Its not the 30% that you need to worry about, the more pressing concern is that you cannot set off losses make in Crypto with your other income, specifically, you can even offset losses in 1 pair eg BTCUSDT to ETHUSDT.
another major concern is 1% TDS on every trade, this is a death cross for day traders.