Post
Topic
Board Bitcoin Discussion
Re: Bitcoin holders being taxed in India
by
jayveerastrullo
on 22/09/2018, 14:36:34 UTC
Now in India, profit from bitcoin trading will be heavily taxed. Notice for ₹ 0.1 M tax to be paid has been issued to bitcoin holders in India.

Source:
http://www.timesnownews.com/business-economy/economy/article/india-income-tax-department-cryptocurrency-bitcoin-investors-worry-over-1-lakh-it-notices/196379

this people might already gained a big amount from bitcoin. It is not that rude for them to get something out of them because that will help a lot with government projects. I know it sometimes hurts because there's already fees when you withdraw and then they add taxes to it but i think they are doing it for something good.