India imposes 30% tax on digital assets | Crypto Tax India | NFT | Budget 2022 | Nirmala Sitharaman

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[ExponentialAge]

Many might be disappointed with the tax being at 30%, but on the flip side, in a way govt. is accepting crypto as an asset class officially as it's being taxed now.

It's just a matter of time, the tax rate would be decreased as well as more & more parallel crypto based economy develops.

So, let's take a deep breath before losing our cool today.

Anyways, do Hodlers really have to worry about taxes or legality? Let me know 👇🏻

[sandeep_kr]

Your profit is my profit, your loses are your loses

[abhim]

Middle clss ppl who has just invest 50k-1L, 110%will face

[kumary]

We have to show power of common man in next election on this government

[weblab]

That women is mad i think she don't know the value of 30%

[infreetime]

Ye government hagne pe bhi tax lagayegi ek din

[Rohan]

indian govt never ever understand what is blockchain technology gawaro ka desh mera... blockchain is not a lotery or jua typs that's a upcoming generation future currency or digital currency....30% tax what a shame

[TON-vzpe]

VPF taxed.
80 C will be soon removed.
New tax slabs would increase.
Decreased interest in Small Savings.
LTCG taxed.
Crypto taxed.
My life is taxed. Its better to leave the country than to stay and pay.

[NEWSRESEARCH]

abey jee lene do..ya thode time baad sans lene par bhi tax laga doge...

[lalthangHungyos]

Let's vote non bjp in mp election 2024.

[PwHighlights]

What a rubbish decision
We will March on it

[ShahbazKhan-lscs]

According to Onion minister... I don't do crypto so i don't care about the tax...

[JohnyBhiduri]

Then we want compensation for our loses ✅

[pekoms]

Proudly announcing 30% tax like it's gonna hive a huge relief to common people

[prasad__m]

There are not jobs, but whoever earn money by themselves we tax them by 30 +1%

[siddharthpasi]

We middle class people elected BJP party continuously & what they are doing imposing 30 % tax rate + 1 % TDS & GST TO COME in near future on CRYPTO CURRENCY. Crypto is a new source of income for the middle class people. Its almost like share market trading but they are treating it like gambling. We have a vote power. Thank you

[--..--.-.]

They can't stand it's citizens making money. They make it sound like it's a sin to profit

[whitepilledman]

Ever wonder why politicians are crazy rich. This is why

[sunijohn]

Now we have to transfer to gift voucher to save tax

[mintopic]

1 percentage TDS on total investest amount. After Profit govt deduct 30% tax. And we have to pay the exchange 0.2%+0.2% charge every time.