Re: Bitcoin holders being taxed in India

Quote from: aditya6997 on February 07, 2018, 07:27:30 AM

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

The government may issue taxes related to Bitcoin, but this is unlikely to be done because there are a lot of Bitcoin owners but all the information is anonymous so the Indian authorities cannot determine the holders to have taxation.