Is Cryptocurrency Legal in India? Union Budget 2022: India to Tax Crypto at 30%, | UPSC Latest News

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  • Опубликовано: 5 фев 2025
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Комментарии • 101

  • @StudyIQEducationLtd
    @StudyIQEducationLtd  3 года назад +8

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  • @himanshuchaturvedi4100
    @himanshuchaturvedi4100 3 года назад +203

    "i love you but as a friend",,,yeah, makes sense.

  • @Honeykosare
    @Honeykosare 3 года назад +66

    no tax on IPL/bcci tournaments , reduction in corporate tax to 7% but middle class Indian family has to bear the burden of income tax.

  • @thunderp1719
    @thunderp1719 3 года назад +5

    Borrowings>Gst>IT>Excise Duty
    Ans. A
    These are parts of Govt.Revenue.

  • @remoteAccess452
    @remoteAccess452 3 года назад +18

    Till yesterday those who were saying crypto is way to richness now saying we are in losses still government is taxing US

  • @milansstudycircle5488
    @milansstudycircle5488 3 года назад +23

    30% टैक्स बहुत है 10% होना चाहिए। क्रिप्टो में फायदा होता है तो नुकसान भी बहुत होता है। एवरेज करना मुश्किल होता है।

  • @theinappropriateguy5806
    @theinappropriateguy5806 3 года назад +22

    Jitne log ro rahe hai crypto tax pe
    I am sure unme se 98% logo ne jindagi mai crypto ni khrida hoga
    Bas 🤡🤡 bolna hai

  • @Atheist-Libertarian
    @Atheist-Libertarian 3 года назад +6

    Ans.- D.) 1-2-3-4

  • @nikhil2925
    @nikhil2925 3 года назад +2

    It converted the flow of money from indian stock market to crypto. It is affecting stock market badly because as emerging economy we want our population to invest in stock market

  • @AnkitKumarPatra
    @AnkitKumarPatra 3 года назад +20

    30% is just too high for a high risk market and there is no assurance for losses too..and 1% tds for every transaction is just outrageous..they can put tds on withdrawal but why transaction???

  • @soumranjanpatro1262
    @soumranjanpatro1262 3 года назад +11

    Digital currency are future.
    People will buy/exchange with only digital currency, then no need to pay tax

  • @Yogi-sq4oj
    @Yogi-sq4oj 3 года назад +5

    Paytm, phonepe etc needs a bank account to operate. But crypto rupee is peer to peer and do not need a bank account.

  • @PankajSingh-gm2ru
    @PankajSingh-gm2ru 3 года назад +8

    30% massive blow to the retail investors.Govt. didnt want people to make some money.Discouraging crypto trading.

  • @ashvink2335
    @ashvink2335 3 года назад +11

    Will that Digital Rupees price will b fluctuating like crypto ? & how RBI will decentralised it as whole crypto concept based on decentralisation ??

  • @i_Konark
    @i_Konark 3 года назад +3

    Sir jo log phle kharidle tax laane se phle unko kaise track krenge means 1 April se legega 1% TDS uske phle jin logo ne lia hai unko kaise track krenge

  • @drona9
    @drona9 3 года назад +17

    What are details for Crypto Tax on MINING ?? The announcements only seem to target crypto trading and investing but does not seem applicable on mining in any way, as no mention was made to what will be included in "cost of acquisition" for mining or crpto business.

  • @sandippatra4798
    @sandippatra4798 3 года назад +3

    If any one earns money by theft, it comes under the preview of I.Tax. This does not mean that thieft is legal..

  • @swarajgadge2207
    @swarajgadge2207 3 года назад +6

    *Yeh log Decentralized system ko bhi Centralized kar denge !!!*

  • @anshuljain4037
    @anshuljain4037 3 года назад +12

    Govt wants full control on crypto

  • @lernersthink1718
    @lernersthink1718 3 года назад +3

    Sir maximum limit hai kya koi 30% tax ki
    Matlb kisi ko only 1000 rupye ka profit huva to uspar bhi tax lagega kya .. ya fir koi limit hai ki isse jyada profit hone par 30% tax lagega please reply.......

  • @ervivekchoubey
    @ervivekchoubey 3 года назад +7

    That meme at the end sums it up all 🤣

  • @hiteshgujarathi4636
    @hiteshgujarathi4636 3 года назад +57

    People need to understand the basics of crypto currency. It is not a currency which is backed and regulated by government.
    It's highly risky and can't be regulated since it's not trackable. Those who are dreaming of getting millions by investing in it are being ignorant. There is difference between crypto currency and blockchain technology. So don't get confused and don't risk your money on something which is very complicated and you don't understand. Don't just daydream about being rich in no time. You might lost all your money.

  • @jayvadher3468
    @jayvadher3468 3 года назад +4

    Tax ke pahle bhi legal he tha bas regulated nahi tha

  • @ankitajain6796
    @ankitajain6796 3 года назад +6

    Is it on loss also?

    • @drona9
      @drona9 3 года назад +1

      no

  • @Sumeetkumar-n7m
    @Sumeetkumar-n7m 3 года назад +4

    So the answer is Crypto is still not legal though it is a first step towards making it legal

  • @rajrs8185
    @rajrs8185 3 года назад +7

    Tax jyada he
    15-%18 sahi tha

  • @Bellbettereverydaylittlelittle
    @Bellbettereverydaylittlelittle 3 года назад +3

    Does sovereign gold bonds shall be taxed 30%?

  • @Jay-hh4ul
    @Jay-hh4ul 3 года назад +3

    I ain't much into crypto but how will government ensure that it will get the TDS? Who will regulate?

  • @sortalgaming9522
    @sortalgaming9522 3 года назад

    Trade krne pe tds nahi hai?? Exchange se withdrawl ya exchange pe deposit krne pe he tds katega??

  • @jjknight69
    @jjknight69 3 года назад +13

    Worst for crypto owners 😌

  • @A.K.A.Topper
    @A.K.A.Topper 3 года назад +1

    Great 👍👍👍😊😊😊
    Thank You Sir ❤❤🙏🙏

  • @abhishekdubey6038
    @abhishekdubey6038 3 года назад +8

    Blockchain based hoga, khud FM ne kaha Budget me.

  • @jaideeppatwa5214
    @jaideeppatwa5214 3 года назад

    To sir kya TDS abhi hai INDIA me ya nahi ? Mene pehle bhi suna hai TDS k bare me

  • @ashishwaniseducationworld3776
    @ashishwaniseducationworld3776 3 года назад +2

    Sir plzzzz plzzzz plzzzzz last year ki trh is year b budget p mcq wali video bna dijye plzzz sir bht hlp mil jaygi

  • @davidalmeida2410
    @davidalmeida2410 3 года назад +2

    Isko bolte hai ban b nahi karna aur investors ko b bye bye karna ... Saap b mara aur lati b nahi tuti

  • @jaysoni7672
    @jaysoni7672 3 года назад

    What if we are mining??

  • @dejikay2564
    @dejikay2564 3 года назад +11

    THIS IS GOOD... YOU HAVE TO BE IN CRYPTO TO FULLY UNDERSTAND THIS MOVE WHICH IS POSITIVE

  • @odiamotivational831
    @odiamotivational831 3 года назад +6

    Sir give answer in RUclips

  • @saimanaspathapadu1299
    @saimanaspathapadu1299 3 года назад

    Sir will the loss also be taxed

  • @sherlockholmes19
    @sherlockholmes19 3 года назад

    A is the answer

  • @madhumitaroy4756
    @madhumitaroy4756 3 года назад

    Own crypto currency must for India
    Own digital currency must

  • @sortalgaming9522
    @sortalgaming9522 3 года назад

    Cryptocurrency m Worldwide commoon approach hona chahie.

  • @mokim3014
    @mokim3014 3 года назад +1

    middle class family is 1 hospital bill away from 0 savings and bankruptcy

  • @Sajisajidasajisajida
    @Sajisajidasajisajida 3 года назад

    Option A

  • @rajshukla6588
    @rajshukla6588 3 года назад

    A is right 1,2,3,4

  • @cryptomania3553
    @cryptomania3553 3 года назад +7

    They don't want you to invest in crypto. Because they dont understand crypto

  • @LearnOutLoud_LoL
    @LearnOutLoud_LoL 3 года назад

    Ankit sir on rock 😀

  • @designerkrishnaodialifestyle
    @designerkrishnaodialifestyle 3 года назад +1

    Jay Jagannath 🙏🙏🙏

  • @goldenkumar9411
    @goldenkumar9411 3 года назад +3

    I love you sir but as a student

  • @gangasagarvishwakarma9614
    @gangasagarvishwakarma9614 3 года назад

    Start Mining in india and sale from uae and Saudi Arabia

  • @invictusyt6646
    @invictusyt6646 3 года назад +3

    What if you loss money? Ghata laga toh tm jano aur munafa hua to hamein b dedo..ye kya baat hue😭

  • @soumyabehera268
    @soumyabehera268 3 года назад +2

    Crypto se tax kaam karna chahiye.. nahi to koi bhi trading nahi kar payega sir.. 30% tax is equal to ban . Sir

  • @pranavsharma3915
    @pranavsharma3915 3 года назад

    B is answer

  • @amansaraf7853
    @amansaraf7853 3 года назад +2

    Anything happens in the world....
    Ankit sir : hold my namaskar dosto

  • @Rj_Ozone
    @Rj_Ozone 3 года назад

    दुनिया का कोई भी देश डिसेंट्रलाइज ब्लॉकचेन टेक्नोलॉजी को कंट्रोल नहीं कर सकता 30 % लेंगे किससे

  • @AnnuAparajita
    @AnnuAparajita 3 года назад

    Cryptocurrency pe jo 30% tax hai is it over and above LTCG tax?

  • @Hip.Hip.Hurray
    @Hip.Hip.Hurray 3 года назад +6

    If RBI is in favour of complete ban of Crypto Currency, then why is it releasing its own Digital Currency in 2022-2023 ?

  • @sumitpaul9653
    @sumitpaul9653 3 года назад +5

    Tax lagane ka matlab yehi hai ki jinhone crypto mein invest kia hai... avi v time hai band krne se pehle India ka paisa return aa jana chahia India mein 😂

  • @ShivamPandey-xh7cd
    @ShivamPandey-xh7cd 3 года назад

    " Friends With Benefits " 😁👍

  • @study6799
    @study6799 3 года назад

    Borrowing ,income tax ,gst excise

  • @rabindarkumartirkey8151
    @rabindarkumartirkey8151 3 года назад

    THANK YOU SIR. ANS. GST.

  • @jranjan8654
    @jranjan8654 3 года назад +1

    30% tax on small traders and investors. Draconian

  • @jsb7761
    @jsb7761 3 года назад

    How government can trace the cryptocurrencies anyway?

  • @anubhavpandey1517
    @anubhavpandey1517 3 года назад

    Sir TDS abhi tak 0.1% tha

  • @Starversel-m3o
    @Starversel-m3o 3 года назад +2

    Without declaring legal they charge tax they want to earn illegally

  • @AbhiKumar-bn7rd
    @AbhiKumar-bn7rd 3 года назад

    FM to Crytpo- I love you as a Friend.......lol

  • @firoze4308
    @firoze4308 3 года назад

    Angra angry on little prosperity.

  • @ankitbharadwaj8786
    @ankitbharadwaj8786 3 года назад +1

    so basically , we will give tax on illegal income

  • @randobudgetgaming
    @randobudgetgaming 3 года назад +1

    yesn't
    edit - no money no problem 😂

  • @ptanhinhi7963
    @ptanhinhi7963 3 года назад +2

    Bill to bnega jab bnega abhi loot to le phle 😕😁?

  • @ravinagrecha2104
    @ravinagrecha2104 3 года назад

    Borrowings
    GST
    Income Tax
    Excise Duty

  • @supritiranjankhanra3539
    @supritiranjankhanra3539 3 года назад

    Ankit sir you are the master of education.

  • @jamilakhtar9161
    @jamilakhtar9161 3 года назад

    Namaskar sir

  • @Nasir_Wani
    @Nasir_Wani 3 года назад +5

    To break signal you might have to give charges but that doesn't mean it's legal....
    There is tex on alcohol but it doesn't mean that is legal for me....

  • @niteshpandey5849
    @niteshpandey5849 3 года назад

    A ryt Answer

  • @parveentanwar7101
    @parveentanwar7101 3 года назад

    Very nice sir

  • @quid_pro_quobudha1656
    @quid_pro_quobudha1656 3 года назад +2

    Some students are not on insta sir
    Dono jgh answer de diya kijiye

  • @firoze4308
    @firoze4308 3 года назад

    You have to obey.

  • @immonxter
    @immonxter 3 года назад +7

    I love you but as a friend 🤣🤣🤣

  • @arunmk21
    @arunmk21 3 года назад

    Thank you

  • @xzy198
    @xzy198 2 года назад

    gambling is legal not crypto

  • @parveentanwar7101
    @parveentanwar7101 3 года назад

    Thanks sir

  • @abhaypoptaniofficial
    @abhaypoptaniofficial 3 года назад +2

    Hi sir, my question may seem childish but can you tell us under which heas is crypto gains will be taxed, IOS or CAPITAL GAIN?

  • @AnkitKumarPatra
    @AnkitKumarPatra 3 года назад +1

    Ye ghatia rule ya bill ko log nahin manenge

  • @kritisonon4283
    @kritisonon4283 3 года назад

    Still Crypto currency is yes/no 🥴

  • @vishalgupta385
    @vishalgupta385 3 года назад

    Nice

  • @jashanpreet275
    @jashanpreet275 3 года назад

    Indians invested in crypto because of fancy and tempting ads. There is no difference between dream11 and crypto

  • @mohitsarsuniya
    @mohitsarsuniya 2 года назад

    B

  • @bikashchandramishra7709
    @bikashchandramishra7709 3 года назад +1

    I love you but as a friend.. 🤣🤣🤣🤣

  • @Vash1609
    @Vash1609 3 года назад

    d

  • @ravi348
    @ravi348 3 года назад

    A

  • @stockmarketlearner4784
    @stockmarketlearner4784 3 года назад +2

    Get in taxation is not mean it's legal

  • @jbktechn2735
    @jbktechn2735 3 года назад

    I ❤️ u but as a friend 😂

  • @forcagoaofficial3731
    @forcagoaofficial3731 3 года назад +1

    i love you , but as a friend lol

  • @mtmusic4556
    @mtmusic4556 3 года назад +2

    👍

  • @sagartattur1112
    @sagartattur1112 3 года назад

    👍🙏🇮🇳🌍😀

  • @sayansarkar850
    @sayansarkar850 3 года назад

    😃🤣🤣🤣🤣