Post
Topic
Board Bitcoin Discussion
Re: Bitcoin holders being taxed in India
by
btc78
on 04/11/2018, 06:30:40 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 is a good news if happens,since india is a large users of cryptocurrency and they must be taxed,the only problem is how will the government do this,since cryptocurrency is semi anonymous and putting taxes regarding this is semi impossible.so what would happen tomorrow and in future is for us to tell