Blockchain

Here's What Could Happen If Crypto Tax Isn't Reduced During Budget 2023



The Union Budget is right around the corner and Indian crypto companies and investors are hopeful that some of the rigorous taxation policies for virtual digital assets could change. We spoke to industry experts to find out what could happen if taxation policies for crypto remain the same or if they’re increased. Watch the video to know more.

#budgetsession2023 #parliamentbudgetsession #budget

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5 Comments

  1. India is always behind when it comes to technology adoption. Like web2,again in web3.0 India will be left behind. Talent & investment drain. Builders will keep building ,if not in India, somewhere else. Investors have already switched to foreign exchange. Indian Govt is too busy playing nonsense propaganda.

  2. Just look at biggest WEB2 companies like Microsoft, Google atleast 20 to 30 percent of their workforce are Indians. Most ceos are Indians. But why are they working for American economy? Because government did not support WEB2

    Now the same is happening with WEB3 thousands will move out of India and work to improve Dubai's economy, Millions will move out of India to improve Europe's economy and India will still sit as a poor underdeveloped slum

  3. Tax implementation on crypto is good thing, and the tax 30% is fair ,also beneficial , which can be use to develop the economy of the country for more growth

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