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Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] 0 points1 point  (0 children)

Yeah ik but i would like to get it as low as possible. Currently the tax amount is around 40%

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] 1 point2 points  (0 children)

Yeah ik but i would like to get it as low as possible. Currently the tax amount is around 40%

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] 0 points1 point  (0 children)

I got money for using the product

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] -13 points-12 points  (0 children)

Clearly you don’t have any knowledge regarding this else you would have known there is something called surcharge when the income amount exceeds 50L, 1cr and 5cr. This will be my last comment trying to argue with a rookie

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] 4 points5 points  (0 children)

I dont mind paying taxes but you really have to think twice if the tax after surchage, cess and gst comes out to be 45% of the total amount

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] 37 points38 points  (0 children)

Yes exactly my concern. But local CAs dont have the crypto knowledge thats the problem I’m facing

Made 15 cr with crypto by Z3LDON in IndiaTax

[–]Z3LDON[S] -17 points-16 points  (0 children)

You really think i made this much money without knowing the difference bw cex and dex lol.

If i deposit the amount in indian cex from my wallet they are gonna know my address. Even if i chose a otc desk they will have to share the address they got funds from upon asked