30% tax is crazy. It is too much. I believe that in the end, as time goes by it must come down at some point, however, we have to look for options. For example, keep in centralized exchanges what is necessary for basic expenses, no more.
And indeed, DEX are good choice in a case like this.
RE: Crypto Tax to be implemented in India from 1st April 2022 , Save Yourself !
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Crypto Tax to be implemented in India from 1st April 2022 , Save Yourself !
Yeah , i have taken out all my money and shifted to decentralised exchanges. I will be using P2P when i will be in need of money until then i will keep on DEX or only bring to non Indian CEX for trading.
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