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Topic: delete this thread (Read 1215 times)

legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
July 20, 2014, 11:24:41 AM
#19
Locking thread. Unless everyone who posts after OP agrees for the thread to be deleted, I can't do it.
If you need that, should start a self moderated thread.
member
Activity: 84
Merit: 10
https://btcjam.com/users/39914
July 18, 2014, 04:49:43 AM
#18
I am a NRI . I trade with NRO or NRE accounts .. so no TAX !!!
and foreign trades with FCNR accounts
full member
Activity: 224
Merit: 100
July 18, 2014, 01:16:11 AM
#17
Pls Clear my dobout IS bTC is LEGAL in INDIA

Pls reply with links where is it written on a website and one more question can i trade my btc in India safely

This is a good read but it does not say anything about legality though,

http://cis-india.org/internet-governance/bitcoin-legal-regulation-india
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
sr. member
Activity: 294
Merit: 250
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
July 17, 2014, 12:03:02 PM
#13
miming on rents ?

Can you rent a computer?
sr. member
Activity: 294
Merit: 250
July 17, 2014, 11:31:46 AM
#12
miming on rents ?
member
Activity: 117
Merit: 10
July 17, 2014, 07:41:18 AM
#11
Lolzzz......My friend the stand of legality on buying/selling in bitcoins is still silent from RBI. If you just want to trade that should not be a problem, but then also it depends on how much are you spending and whether you are using your accounted money for the same or not. Income tax disclosure is also a leg attached to it. However, I being a lawyer may be scaring you a bit too much  Grin

You may trade in bitcoins but if it involves huge chunk of money then do consult a consultant, but I think you are a new entrant so the huge exposure part may not be there.

Happy Trading!!!!
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
July 17, 2014, 06:09:40 AM
#10
buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc.

can we do mining Also ?

Can you use a pen and paper to calculate an algorithm?

I can  the  first round. heheheheh lol  Tongue

Hmmmm, I wonder if that will remain legal if mining is banned...  Grin Grin Grin
hero member
Activity: 546
Merit: 501
Cypherpunk and full-time CryptoAnarchist
July 17, 2014, 05:38:39 AM
#9
buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc.

can we do mining Also ?

Can you use a pen and paper to calculate an algorithm?

I can  the  first round. heheheheh lol  Tongue
legendary
Activity: 1890
Merit: 1000
Landscaping Bitcoin for India!
July 17, 2014, 05:30:30 AM
#8
buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc.

can we do mining Also ?

Can you use a pen and paper to calculate an algorithm?
sr. member
Activity: 294
Merit: 250
July 17, 2014, 05:20:48 AM
#7
buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc.

can we do mining Also ?
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
July 17, 2014, 03:52:45 AM
#6
buying computer parts only
I didn't got exactly what you meant by that , but its not restricted to that only you can do or buy a lot of other stuff using your btc.
sr. member
Activity: 294
Merit: 250
July 17, 2014, 01:16:14 AM
#5
buying computer parts only
legendary
Activity: 2394
Merit: 1216
The revolution will be digital
July 16, 2014, 01:33:50 PM
#4
Pls Clear my dobout IS bTC is LEGAL in INDIA

Pls reply with links where is it written on a website and one more question can i trade my btc in India safely

You might like to check this wikipedia link - http://en.wikipedia.org/wiki/Legality_of_Bitcoins_by_country
sr. member
Activity: 350
Merit: 252
REAL-EYES || REAL-IZE || REAL-LIES||
July 16, 2014, 01:10:23 PM
#3
If you'll check
http://bitlegal.net/
you'll realize that India is marked as contentious. so its all ambiguous. RBI hasn't provided any clear guidelines , but i don't think it falls in illegal category the only thing depends is what you are doing with your bitcoins if you are indulged in some illegal activity like money laundering , drugs etc its illegal , if you are buying computer hardware using bitcoins from overstock its should not be called illegal.
member
Activity: 84
Merit: 10
https://btcjam.com/users/39914
July 16, 2014, 01:02:51 PM
#2
Did you do any research on this topic  ?
sr. member
Activity: 294
Merit: 250
July 16, 2014, 10:01:15 AM
#1
delete this thread
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