Post
Topic
Board India
Re: Is Bitcoin Income Taxable in India?
by
kumarrajudtu2017
on 02/08/2018, 06:54:11 UTC
Is Bitcoin Income Taxable in India? Please speak from personal experience only.

Every income is taxable if it's not exempted, doesn't matter how you earned.

In India bitcoin income is taxable under 20% tax slab of profit. Another clauses are also there for keeping less than one year or more than one year. At present Indian central bank has banned any transactions on cryptocurrencies. So any income is taxable in INDIA.