Post
Topic
Board Bitcoin Discussion
Re: Bitcoin finally legal in India
by
ice098
on 16/07/2017, 16:50:02 UTC
Did they finalize things,i just hear rumors that so and so will be implemented and the final news i heard is that they are planning to charge a tax for bitcoin like they do with gold and if that is the case the government will benefit but there wont be much benefit for the bitcoin users.

That's exactly what Australia and Japan weren't getting rid of so if that's really the case then India is well behind on their laws.
it is good that many countries are now interested on it. but the thing is they will put taxes on it and they will pass a law regarding it, and bitcoin will not be anonymous , it will be known by the government already. i think it is the cons.