bitccoin tax here it comes
- 3972
- 81
-
- Last Comment
as i said but some said i am lying , here it comes 30% tax on bitcoins.
so after reading budget 22 pdf the tax will be on the earning on a flat 30% rate
- Sort By
Yeh sab crypto frypto choro, Central Bank Digital Currency (CBDC) trial kab chalu ho raha woh batao.
transfer this digital shit 31% tax 😄
i didn’t understand. Is it 30% tax on profits of crypto
no doesn;t matter loss or profit it will taxed 30% if you own them
Apun jhukega nhi … Loss hone par bhi tax dega
surcharge on corporate tax is reduced. suit buit ki sarkar
will it help govt employees and in which way?
direct sitting gains without any risk for Government.
indeed , they know the data of how much crypto is there and they estimated how much loot we can do, now bitcoin will be down too much
Its taxed @ 30% on income from transfer of digital assets
“There will be no deduction with exception of the cost of acquisition."
So I think your taxable income from digital assets = income from sale of asset – cost of acquisition of asset.
Then 30% tax on that taxable income.
“There will be no deduction with exception of the cost of acquisition."
So I think
Taxable income from digital assets = income from sale of asset – cost of acquisition of asset.
Then 30% tax on that taxable income. Basically tax on crypto gains.
Portfolio left after calculating 30% tax on cryptocurrency 
Aam Logo ko Amir bante nahi dekh sakti ye govt. 
fir se political and social? why admin its a political
latest comments look like 🤣
Keep your BS to yourself, you’re also using the “aam aadmi” jumla to defend tax dodgers & crooks. The politicians are bad so is the tax dodger who doesn’t show his income through rented properties 
You think you’re making a smart point for like minded people – well there you have it, hive minds who are trained to call out everyone but their own kind. Keep up the excellent work 
Very well said bro.
Government should increase the tax rate to 90%. Only then these tax dodgers will learn a lesson.
Why should we care about lower middle class because Richest 10% of Indians own over 3/4th of wealth in India.
Bottom 60% own less than 5%, why even waste time thinking about them?
Everyone is crying about 30% tax on crypto. No one seems to be bothered about the Masterstroke of reducing corporate surcharge from 12% to 7%. Because corporates never skip paying taxes. Ab inko kaun samjhaye… Govt ne kiya hai to kuch soch samajh ke hee kiya hoga.
Convert to usdt and earn int or store sale proceeds in exchange wallets instead of cashing out to bank (thats where 30% tax gets levied )
paji can u explain this part?
Amount exit time lagega ya.. app me hi deduct kar lega 30%?
10 baar loss ke baad 1 baar gain hora hai.. chalo ek khushi ye hai ki ban nahi hoga..thx to last time fomo.. bought ustd at 54..
the govt has full confidence in EVMMMs it seems. Stopped pretending that the care for the poor and middle
Few doubts…
Will transfer from one wallet to any other wallet is taxed?
Ex : Buying Tron from wazirx and transferring it to bitmart. Then selling this tron in USD, again buying some coin in bitmart selling with some profit, then converting it to tron, transferring to wazirx, finally selling in INR. So totally how much will be taxed for this?
wazirX to bitmart should not be taxed IMO as you can prove it’s transferred to same person (it’s like transferring INR from one bank to your 2nd bank)
Selling tron to USD – yup tax on profit since you would have bought this somewhere (even if gift taxable on your hands)
buying some coin – selling with profit -> yup taxed
Now you convert anything here to tron (so essentially you are buying Tron @ X Rs )
transferred to wazirx and sold here ( selling Tron bought at X Rs for current price let’s say Y Rs) -> Tax on (Y – X) profit or loss whatever
Basically highest tax slab jo hai wo 30% hai
Nirmala aunty ko laga hoga ki jisne bhi crypto liya wo sab crorepati ho gaye to unhone sabpe 30% laga diya 😂
Bitcoin already has problems with being risky and unpredictable. The most interesting part is that it will not have a boom anymore as it has had in recent years. We also add taxes that happen on every platform or online website, like online forex trading in india. As you said, it is 30% tax; it is a big amount of percentages. I recommend you switch to cryptocurrencies like Ethereum or the ones that might have a boom in the next months. Ethereum is more secure, so most successful companies and people globally use it. It is also more stable and more predictable, which is a big plus.
@abhishek012 bro what i said , here it is m here at npci we knew 8 months back