RE: Is Crypto now legally recognized in India ?
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Its good to hear that crypto is going to be legal in india.
That's a pleasant news for crypto and nft lovers. But huge 30% tax would be really a big pain.
Government would make huge profit by taking big cut from crypto holders in the farm of tax. Investors will get rekt.
I hope the government of india will consider it to lower the tax in future planning.
Thank you.
Have a nice day ahead.
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No one said, its legal - they are playing smart.