Crypto Tax and Loopholes in India Explained in Malayalam
Crypto Tax and Loopholes in India Explained in Malayalam
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In the Union Budget 2022, India legalized Cryptocurrencies and started to collect a 30% tax on Crypto gains from April 2022. This news was a shock to everyone because the long-term capital gains tax in the Indian stock market is only 10%. Still, there is a lot of confusion regarding the legality of Cryptocurrency in India. In this video, I am explaining in Malayalam, the tax regime and the TDS given by the Government. Also, I am discussing loopholes to reduce or offset taxes on Crypto using two methods.
Official website: https://www.breckgrainger.com/
00:00 Intro
01:16 Crypto tax in India
01: 30 What is TDS?
02:50 First Loophole
03:20 Examples of centralized exchanges
03:40 Examples of Decentralized exchanges
04:01 Second Loophole
05:23 How to use DEX?
05:33 Outro
BGM: https://www.davidcuttermusic.com/
#Crypto #Bitcoin #Ethereum
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