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is it sends strong signals ?
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BoardIndia
Re: Income tax for the amount available in zebpay/unocoin??
Hi I want to know the status about INR balance keeping in zebpay/unocoin wallet by selling Bitcoin . If i am selling bitcoin which i earned by giving services and selling in zebpay and keeping INR amount in zebpay wallet not transfered to bank acount until april this financial year 2017/18 IT calculation . Do i need to pay tax for the amount available in wallet ?? Note: Please dont spam here ?? Genuine answers appreciated
There are no rules and regulation for the bitcoin yet for the Indian taxation.
However you can pay the tax at your own will by showing the transaction in the bank. Your zebpay INR amount is not taxable because it is still Bitcoin for the ZebPay company and it stays with them.
When you will transfer it to the bank account then you will have to show that in the tax for sure.
Are you sure about amount which is in zebpay is not taxable i have raised concern to zebpay still waiting for answer once i receive the answer probably i will post it here.
Finally i got response from zebpay regarding the money in the INR wallet or transfered to INR wallet Doesn't required to pay tax. "Mail Proof Thank you for your mail.
We would like to inform you that there are no taxes charged on customers for keeping the amount in their INR wallet.
Please let us know if there are any further queries.
Thank you for your interest and patience. Regards Zebpay Team"
Hi @niisarearning
Great, So can you inform the so called brainless investor who opposed me that you need to pay tax ?
Now tell me who is correct financial advisor here !!!
Opposer: Till there is no rule you do not need to pay any taxes to GOV , This is simple Why you guy want to do rocket engineering here!!!!!
@polynesia : You became the biggest misleading person here, Hope you will not mislead newbies anymore & 1 more thing word like ridiculous f**K used by looser and you are the one of them
Thanks
nice disc... so if u pay tax , is it legal in india
Unocoin.com is Indias most popular bitcoin wallet and exchange. Based in Bangalore, a state in India, the trading platform came into existence in the year 2014. The firm provides a comfortable and secure way to buy, utilize and accept bitcoin. It is one of the bitcoin wallet broker services which allow users to purchase and sell bitcoin. Unocoin is established for users to enable exchange Bitcoin for Indian Rupees (INR). It charges 1% fee to purchase or sell bitcoin and aims to loom as a top global player in the field of Bitcoin and wishes to contribute to the Indian economy. Know More: https://coinpedia.org/exchange/unocoin-bitcoin-exchange/
its easy to use also
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BoardIndia
Re: Citibank India Restrict Bitcoin Purchase via Credit and Debit Cards
Can anyone recommend me best bitcoin wallet in India. I am starting BTC mining with cloudminr.io what you guys say about that too. I am fairly new to BTC. I would really appreciate anyone helping me.
Unocoin or Blockchain.info wallets
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BoardIndia
Re: (2018-02-19) PMO India Speaks favour of Blockchain on Twitter