Post
Topic
Board Bitcoin Discussion
Re: Bitcoin holders being taxed in India
by
kotajikikox
on 11/11/2018, 23:44:34 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


Oh really but a surprise for this news because it been a long long time discussing herein forum about bitcoin taxes, each country want to implement collecting taxes from the cryptocurrency, thats why the government of each ciuntry are want to regulate bitcoin.

This action of idian government is scary for the bitcoin holder putting heavily taxe aren't fair for the holders that one of the reason people they don't want bitcoin become regulated because possible to abuse the authorities.