Indian BJP Govt Looting Crypto Users?

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Indian BJP Govt Looting Crypto Users? ☹️

Cryptosystem is the best democratic form of financial transactions ever in the world brought by the new Blockchain technology on internet! 😊

Indian BJP govt; instead of encouraging & supporting this best Cryptosystem in India; has put 30% tax on profits out of crypto trading! đŸĨ´

Plus GST (18%?) as well!

Also put 1% tax on any crypto transfers!

This looting way of the govt; definitely discourages the forward looking Indians to hopefully & happily involve in this revolutionary innovations of Crypto use/trade in the best interests of the people! ☹️

Currently, Cryptos are in fact, put under Asset category under govt recognition!

Then, how can govt put 30% tax on the  capital gains / profit on asset sales!

So many big big assets owned by big big companies / super rich people; in terms of real estates, lands, buildings & other properties when sold are taxed 20% or below out of the profits and that too considering depreciations & other costs involved to maintain the assets and these being reduced from the tax!

But in Crypto Assets, why 30% profit tax?
Why not 20% or below on profits as in other assets sales? Why other expenses like crypto mining costs, holding costs not considered? 😇

This is injustice against Crypto users/traders indeed! 🙄

This is clearly a looting plan of this already infamous Indian BJP govt for the Crypto Users/Traders in India! đŸĨē

India cannot develop fast if this anti-people BJP govt remains in power@center! ☹️

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