Here is a small part of our conversation with @TekinogluDogu before the BingX listing.
We were informing him everytime we were doing buy backs because we trusted him and saw him as part of the team. But he was using that to sell on us every single time !!!!
TDS hatao.
STT hatao.
LTCG hatao.
๐ข Investors ko relief do.
๐ Market sentiment ko boost karo.
๐ฎ๐ณ Capital ko India mein invest karne ke liye encourage karo.
Simple tax reform.
Stronger markets. ๐
the biggest crypto breakthroughs wonโt always come from bigger promises.
sometimes, they come from making one important thing work exceptionally well.
๐จ INDIA NEEDS A TAX RESET ๐ฎ๐ณ
The government needs to urgently rethink its crypto tax framework.
Instead of making investors look elsewhere, India should reduce the tax burden and create an environment that attracts global crypto capital, businesses and innovation.
Hereโs what should change:
๐ Replace the flat 30% crypto tax with a progressive slab system
๐ Allow losses to be carried forward and set off
๐ Reduce 1% TDS to 0%
๐ Stop treating crypto like gambling
๐ Simplify the overall compliance framework
India has the talent, users and potential to become a major global crypto hub.
High taxes may collect revenue today. Smart regulation can create an entire industry tomorrow. ๐ฎ๐ณ๐
#Crypto#India