Ninjastic
Home
Search
Users
Boards
Addresses
Ctrl + K
Toggle theme
Open menu
Post
Edited versions
Quotes to this post
Post
47567049
Topic
2895439
Board
Bitcoin Discussion
Re: Bitcoin holders being taxed in India
by
OSYA
on
04/11/2018, 06:14:31 UTC
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
One more government that just want to squeeze money out of its citizens. I wonder how they will find out who has crypto? It is impossible to track. I would like to know how the government will do it technically.