Post
Topic
Board India
Re: Anyone having experience in buying BTC from international bitcoin exchanges?
by
polynesia
on 02/12/2016, 00:14:31 UTC
Can anybody remitting money to India use bitcoins? If bitcoins are sent from abroad and then sold in Indian exchanges, are we violating any FEMA guidelines.
Plus remittances are tax free. Is this the case with bitcoins sent from abroad and then sold on Indian exchanges as well?

An article which doesn't go into the taxation/legality aspects..
https://cointelegraph.com/news/receiving-remittances-in-india-with-rupee-you-lose-with-bitcoin-you-profit