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Topic: Bitcoin holders being taxed in India - page 11. (Read 2416 times)

hero member
Activity: 1078
Merit: 537
February 07, 2018, 02:35:57 AM
#3
Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.

So stupid. bitcoin is a money. what kind of tax can they take from trading a money. Same story in my country. government says that they are going to add some new regulations and bring taxes regarding cryptocurrency trading.
full member
Activity: 882
Merit: 126
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February 07, 2018, 02:32:01 AM
#2
Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.

Is it?

If yes where is the link for that news,no one will hear these kind of rumors if there is not enough proof.And don't create fake news again,India did nothing on crypto currency only a speech from Finance minister made a huge impact already.
full member
Activity: 198
Merit: 100
February 07, 2018, 02:27:30 AM
#1
Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.

Source:
http://www.timesnownews.com/business-economy/economy/article/india-income-tax-department-cryptocurrency-bitcoin-investors-worry-over-1-lakh-it-notices/196379
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