Quote from: TigerMart on Today at 01:11:24 PM

Quote from: Bitcoin Smith on May 09, 2024, 07:19:16 AM

I have this question for very long time especially when I see max trading limit on exchange goes even upto crores which means potentially people can convert how much amount they have in BTC to INR but there's no way someone who is selling huge amount is going to pay 30% tax and even 1% TDS seems too much considering the value in INR.

So what are the possible alternatives you think they convert BTC to INR if they wanted to.

Mostly all I see is going to Dubai set up a company and then transfer funds to INR but it's really feasible or how do you think they convert.

Let's speculate and bring in all your imagination guys. Grin

Such similarity. Much WoW! Roll Eyes

https://www.reddit.com/r/CryptoIndia/comments/1cjzw72/how_do_whales_convert_it_to_fiat_indian_whales/

I don't understand what you are trying to imply. But here is that thread from reddit.

How do they do it? isn't what I wrote in the first post or the one that you quoted.