Quote from: crashedanon on February 02, 2022, 06:25:05 AM

Yesterday i.e. 1st February 2022 India announced its budget, and in the session, it stated that crypto transactions will be taxed at the rate of 30%. There is very less to be sure of what is the impact of the following decision[ +ve or -ve]

I see that taxing cryptos has one good pro here i.e. it can be said that cryptocurrency is legal in India or maybe?

There are several cons as 30% is a big share.

Is there any possible way to legally avoid the taxations?

It seems to me an excessively large amount......

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