Crypto Tax on gains is 30% in india. Incase of emergency what will you choose? Take loan on crypto and repay loan later or just sell crypto and pay tax or any other options you have?
Joel Joseph
Stealth • 10m
30% on crypto is horrendous
0 replies1 like
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Do you know about 40:30:20:10 rule?
It is one of the most used formula to diversify your investments.
40% - Mutual funds/stocks (if you can take
risks)
30% - FDs
20% - Gold/ SGBs (Sovereign Gold Bonds)
10% - Risky investments ( very