Quote from: repsol on March 12, 2018, 03:29:58 PM

could the government apply the tax for crypto, in my opinion not all governments will apply taxes, because today many countries still have not legalized transactions using crypto

In India, there are no separate taxes yet. The only taxable rules that can make bitcoin fall under it in the Section 55A. However, the income tax rules demand amendment as there are no capital gain taxes involved in self-generated assets. This clause makes it even more doubtful for the investors to know whether bitcoin trading falls under any regulation or not. However, bitcoin mining falls under the taxable income for every exchange that sums up to 1 percent, yet investors are in the air of doubts.