I’m wondering if imposing a 30% tax on cryptocurrency profits in India truly benefits traders. Wouldn’t it be more appealing to relocate to a country with lower tax burdens if there are no apparent incentives?
It appears that the current regime may be exploiting crypto enthusiasts without establishing proper legal safeguards. Shouldn’t there be clear rules to protect those earning from digital currencies, or has the market become a completely deregulated free-for-all?
hey all, i’ve been thinking about the 30% tax and honestly wonder if there’s something we might be overlooking. while it does seem like a heavy cut, could it also be a factor that brings more predictability to trading strategies? sometimes when you have a consistent environment, even a taxing one, some traders might actually develop more sophisticated techniques to make the most out of it. i mean, maybe the regulatory clarity—even if it’s strict—allows experienced traders to plan their moves better, reducing the risk of wild, speculative losses.
what do you all think? has anyone experienced a shift in strategy because of these kinds of fixed rules? could there be an upside in having a more regulated market that, in a way, might protect against some of the unpredictability in crypto trading? i’d love to hear real-world encounters or thoughts on whether these adjustments come with any hidden perks over time.