TaxAlert

#Binance 🚨 BREAKING NEWS 🚨:

The Indian 🇮🇳 government has just dropped a bombshell! 💣 Starting in 2025, undeclared crypto gains will face a hefty penalty of up to 70%!

😱 Moreover, the authorities will be scrutinizing the past 48 months (that's 4 years!) to ensure compliance. 🕵️‍♂️
🙁

This move aims to tighten regulations and boost transparency in the crypto space.

💡 If you've been dabbling in crypto, now's the time to get your records in order! 📊✅ Stay informed, stay compliant, and avoid those steep penalties! ⚖️🔒
#CryptoRegulation #India #TaxAlert #StayCompliant 🚀🔐
$BNB

$SOL

$XRP

🚨 BREAKING NEWS 🚨: The Indian government has just dropped a bombshell! 💣 Starting in 2025, undeclared crypto gains will face a hefty penalty of up to 70%! 😱 Moreover, the authorities will be scrutinizing the past 48 months (that's 4 years!) to ensure compliance. 🕵️‍♂️💼
This move aims to tighten regulations and boost transparency in the crypto space. 💡 If you've been dabbling in crypto, now's the time to get your records in order! 📊✅ Stay informed, stay compliant, and avoid those steep penalties! ⚖️🔒
#CryptoRegulation #India #TaxAlert #StayCompliant 🚀🔐
$BNB

$SOL

$XRP

Minus 23% on your crypto — is Ukraine about to drop the tax guillotine?

A new reality is coming for Ukrainian crypto holders:
18% income tax + 5% military levy = 23% tax on converting crypto to fiat.

Brought in $1000 in USDT?
You’ll only see $770.
And yes — even if you just held it and didn’t trade.

So what now?
— Cash out now before it’s too late?
— Wait and hope for a 5% reduced tax rate?
— Or look for... alternative routes while it’s still legal?

Ukrainian readers — what’s your plan? How are you protecting your crypto?

#ukraine #CryptoTaxReform #TaxAlert #CryptoAdoption #Web3

📢 Massive Tax Hike Alert: 90% Tax on Mobile Recharges for Non-Filers in Pakistan!

In a bold push to boost tax compliance, the FBR has proposed a 90% withholding tax on mobile top-ups for non-filers—up from just 2.5%.
That means: Recharge Rs100, get only Rs10!

To enforce this, over 500,000 non-filers have been identified. So far, 11,500 SIMs have already been blocked, with more on the chopping block.
The move is part of the Federal Budget 2024–25, pending approval. If passed, it kicks in on July 1, 2024.

Public backlash is growing, with social media erupting over the steep financial pressure this puts on citizens.

Bottom line: File your taxes or face the charge.

#Pakistan #FBR #MobileTax #NonFilers #TaxAlert #Budget2024 #TelecomNews #StayInformed