January has been the best monthly returns for #Bitcoin since the October 2021 ATH.
43.2% at the top of the range, and 37.7% right now.
Not half bad for an asset that was supposed to be dead โ ๏ธ
signup.asia/bg
43.2% at the top of the range, and 37.7% right now.
Not half bad for an asset that was supposed to be dead โ ๏ธ
signup.asia/bg
โ๏ธTDS all Question & Answers โ
๐
Q1. I am trading on Indian exchanges, Should I deduct TDS?
- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.
The tax payer need not file any TDS forms.
Q2. I am doing P2P on Indian exchange, Should I deduct TDS?
- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.
The tax payer need not file any TDS forms.
Q3. I am doing P2P outside Indian exchanges (like Foreign exchanges or separately), Should I deduct TDS?
- Yes, you are required to deduct TDS and file TDS Forms.
Q4. I am doing trading on International exchanges or DEX (not P2P), Should I deduct TDS?
- Currently this is a grey area. There is no guidance from Income Tax Dept. on how TDS will work on DEX & Foreign exchanges.
Please consult your CA or Tax advisor to understand the risks.
Q5. How many TDS forms are there and which is applicable to Individuals?
- There are 2 TDS forms. 26Q & 26QE
A. Form 26Q is applicable if you have Business Income > 1 cr or Professional Income >50 L in FY 21-22.
If this forms applies to you, Please consult your CA for filing.
โB. Form 26QE is applicable if you
1. Don't have Business/Professional Income OR
2. You have business Income up to 1 cr or Professional Income >50L
This form is NOT yet available on Income tax portal for filing.
We will need to wait for clarity from ITD
Q6. What are the consequences of not deducting TDS?
- There are significant consequences like Penalties, Jail and also fines.
Please consult your CA or tax advisor before taking any decision :)
โ-Update*
1. Penalty equal to TDS amount
2. Jail term is 3 months to 7 years and additional fine
tamilbtc.com/bg
Q1. I am trading on Indian exchanges, Should I deduct TDS?
- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.
The tax payer need not file any TDS forms.
Q2. I am doing P2P on Indian exchange, Should I deduct TDS?
- No. If trading on Indian exchanges all TDS compliance will be done by Indian exchanges.
The tax payer need not file any TDS forms.
Q3. I am doing P2P outside Indian exchanges (like Foreign exchanges or separately), Should I deduct TDS?
- Yes, you are required to deduct TDS and file TDS Forms.
Q4. I am doing trading on International exchanges or DEX (not P2P), Should I deduct TDS?
- Currently this is a grey area. There is no guidance from Income Tax Dept. on how TDS will work on DEX & Foreign exchanges.
Please consult your CA or Tax advisor to understand the risks.
Q5. How many TDS forms are there and which is applicable to Individuals?
- There are 2 TDS forms. 26Q & 26QE
A. Form 26Q is applicable if you have Business Income > 1 cr or Professional Income >50 L in FY 21-22.
If this forms applies to you, Please consult your CA for filing.
โB. Form 26QE is applicable if you
1. Don't have Business/Professional Income OR
2. You have business Income up to 1 cr or Professional Income >50L
This form is NOT yet available on Income tax portal for filing.
We will need to wait for clarity from ITD
Q6. What are the consequences of not deducting TDS?
- There are significant consequences like Penalties, Jail and also fines.
Please consult your CA or tax advisor before taking any decision :)
โ-Update*
1. Penalty equal to TDS amount
2. Jail term is 3 months to 7 years and additional fine
tamilbtc.com/bg
Bitget
Bitget | Sign up with Bitget and earn 1,000 USDT rewards
Create an account with the world's largest crypto copy trading platform and enjoy 1,000 USDT rewards.
#BitgetNewListing
๐ฅ #Bitget will list $WOOF/USDT on Feb 6th
@woof_work. Participate Spot-A-Coin to share $20,000 in WOOF!
โก๏ธ Book the trading page now: https://bitget.com/en/spot/WOOFUSDT_SPBL?type=spot
๐ A total $100 #giveaway for 10 ppl!Just RT + TAG 3 friends.
signup.asia/bg
๐ฅ #Bitget will list $WOOF/USDT on Feb 6th
@woof_work. Participate Spot-A-Coin to share $20,000 in WOOF!
โก๏ธ Book the trading page now: https://bitget.com/en/spot/WOOFUSDT_SPBL?type=spot
๐ A total $100 #giveaway for 10 ppl!Just RT + TAG 3 friends.
signup.asia/bg
๐#Bitget will be hosting its offline meetup in Delhi, Indiaโs capital city
โฑDate: 18th Feb 2023, 3:00 PM - 5:00 PM IST
๐RSVP: https://meetup.com/bitget-india-meetup/events/291353827/...
๐More Details: https://bitget.com/en-IN/support/articles/12560603776614
#meetup #Delhi #Bitget #Crypto
โฑDate: 18th Feb 2023, 3:00 PM - 5:00 PM IST
๐RSVP: https://meetup.com/bitget-india-meetup/events/291353827/...
๐More Details: https://bitget.com/en-IN/support/articles/12560603776614
#meetup #Delhi #Bitget #Crypto
#BitgetNewListing
๐ #Bitget will list $BRISE/USDT trading pair on Feb 10th in #PublicChain Zone. @bitgertbrise
Participate Spot-A-Coin to share $25,000 worth of BRISE!
๐ A total $100 #giveaway for 10 members! Just simply RT + TAG 3 friends.
Details:https://signup.asia/bg
๐ #Bitget will list $BRISE/USDT trading pair on Feb 10th in #PublicChain Zone. @bitgertbrise
Participate Spot-A-Coin to share $25,000 worth of BRISE!
๐ A total $100 #giveaway for 10 members! Just simply RT + TAG 3 friends.
Details:https://signup.asia/bg
Bitget New Listing on Feb 14th!
๐11 AM (UTC): VELA/USDT
๐ฅ17:00 (UTC): BLUR Initial Listing
Catch the first look at the BLUR campaign page ๐ Deposit $BLUR & earn 1,000 BLUR + 10% rebate in BGB!
โ Sign up hereยปยป
๐11 AM (UTC): VELA/USDT
๐ฅ17:00 (UTC): BLUR Initial Listing
Catch the first look at the BLUR campaign page ๐ Deposit $BLUR & earn 1,000 BLUR + 10% rebate in BGB!
โ Sign up hereยปยป
#FTM
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
signup.asia/bg
An ascending harmonic pattern is observed on the chart and the price will probably grow to the resistance of $0.600-0.612.
signup.asia/bg
๐#Bitget Referral Carnival
๐Refer to Earn $15,000 Rewards
โฑDuration: 9th Feb 2023 - 20th Feb 2023
signup.asia/bg
๐Refer to Earn $15,000 Rewards
โฑDuration: 9th Feb 2023 - 20th Feb 2023
signup.asia/bg
BTC Weekly MA200
๐ธBitcoin (BTC) has recently reached the 200-day moving average (MA200), which is a significant technical indicator that traders often use to analyze the trend. This is the first time since August 2022 that BTC has encountered the MA200 as a resistance level.
๐ธIf the bulls are able to push BTC above this level, it could be seen as a bullish signal for the overall market. Breaking through this level could potentially lead to a macro bullish trend for BTC.
๐ธBitcoin (BTC) has recently reached the 200-day moving average (MA200), which is a significant technical indicator that traders often use to analyze the trend. This is the first time since August 2022 that BTC has encountered the MA200 as a resistance level.
๐ธIf the bulls are able to push BTC above this level, it could be seen as a bullish signal for the overall market. Breaking through this level could potentially lead to a macro bullish trend for BTC.
๐Bitget x PandaFarm Launchpad๏ผ
โฐEvent time: 11:00 Feb 16th to 13:00 Feb 19th,2023(UTC)
Project Name: PandaFarm (BBO) ๐ฅ
Total Launchpad Allocation: 1,000,000 BBO
Total Winning Tickets: 2,500 Tickets
Each Winning Ticket Contains: 400 BBO
Sale Price: 1 BBO = $0.05 (price in BGB will be announced prior to Exchange Period)
Launchpad detailsยปยป
BBO detailsยปยป
๐How to participate: Hold at least 100 BGB in your Futures, Copy-Trading, Margin, Earn, Launchpool, P2P and Trading Bonus account will be excluded from the calculation.
๐Exclusive BGB Bonus for my Followers!
Register and hold at least 100 BGB in your Bitget account. After Feb 20th, we will choose 10 users to share 200 USDT rewards. First come first serve.
โ Sign up hereยปยป
โฐEvent time: 11:00 Feb 16th to 13:00 Feb 19th,2023(UTC)
Project Name: PandaFarm (BBO) ๐ฅ
Total Launchpad Allocation: 1,000,000 BBO
Total Winning Tickets: 2,500 Tickets
Each Winning Ticket Contains: 400 BBO
Sale Price: 1 BBO = $0.05 (price in BGB will be announced prior to Exchange Period)
Launchpad detailsยปยป
BBO detailsยปยป
๐How to participate: Hold at least 100 BGB in your Futures, Copy-Trading, Margin, Earn, Launchpool, P2P and Trading Bonus account will be excluded from the calculation.
๐Exclusive BGB Bonus for my Followers!
Register and hold at least 100 BGB in your Bitget account. After Feb 20th, we will choose 10 users to share 200 USDT rewards. First come first serve.
โ Sign up hereยปยป