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RE: Making Sense of Indian Finance Minister's Statement in Parliament—Cryptocurrencies Aren't Banned In India!
When you encash to Indian rupees, there is no clarity over what tax you should pay. Have you dealt with this ? I mean withdrawn the amount in INR ? And if yes, what kind of tax we need to pay ? Any insight on this would be really helpful.
Right now in India, it is very difficult to cash out because major banks in India have stopped receiving transaction deposits from exchange platforms like bittrex and so forth.
https://qz.com/1174340/indias-bitcoin-exchanges-under-pressure-as-banks-choke-payments-and-withdrawals/
I don't think, its right, there are so many exchanges now in India, you can easily transact. I myself do. Only the tax aspects are not clear.
VERY NICE JOKE :ů) they starting to be like China :ů) there is a small issue with all of this...CRYPTO IS NOT POSSIBLE TO BAN...if me and you accepting it as currency :ů) so njoy
https://steemit.com/bitcoin/@mfg/blockchain-technology-in-near-future-deep-analize-of-humanity-fate-and-will-must-read-bitcoin-cryptotities-cryptokitties
#CRYPTOCARTOONS (bring in some fun in dip times) watch and like it on dtube
‘Shereen Bhan’ is the man :ů) hes got a suitable name for :)