🇮🇳 India Neglects Regulation, Chases More Crypto Taxes 💸
1️⃣ No Rules, Only Silence – Traders begged for clarity. Gov’t gave nothing. Exchanges left in the dark.
2️⃣ Tax Hammer – Out of nowhere: 30% gains tax + 1% TDS. Innovation choked. 🚫
3️⃣ Exodus – Startups & exchanges fled to Dubai, Singapore, elsewhere. ✈️
4️⃣ Offshore Hunt – Now India wants OECD’s CARF. Even if you stash crypto abroad, taxman will know. 👀
5️⃣ Timeline – CARF treaty 2026, live April 2027.
6️⃣ Big Brother Mode – Exchanges & wallets forced to collect ALL user data + share worldwide. Full CCTV on crypto 🌍📡
7️⃣ Why Aggressive? – Revenue. 44,000+ tax notices, millions collected. Offshore assets = next target.
8️⃣ Global Angle – EU in 2026. India in 2027. No more hiding anywhere.
9️⃣ Final Take – No regulation when needed. Brutal taxes when it hurts. Offshore or local, your gains = government’s share. Losses? Yours alone. 🤐