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🌍 Crypto Tax Reality – But Let’s Talk About India 🇮🇳
🇮🇳 India – 30% flat tax + 1% TDS.
❌ Loss adjustments cannot be made.
❌ No benefit for long-term holding.
❌ Traders' liquidity squeezed by 1% TDS.
When 🇩🇪 Germany offers 0% on 1-year holds,
🇸🇬 Singapore keeps 0% on personal gains,
🇦🇪 UAE adopts crypto-friendly policies…
then why is there a brake on innovation in India?
High tax + strict rules =
📉 Capital flight
📉 Talent shift
📉 Decreased global competitiveness
Regulate crypto ✔️
But don’t over-tax ❌
The future economy should be encouraged, not punished. 🚀