Bitcoin to be taxed as gold in India!!

in bitcoin •  7 years ago 

Hello All

Though its worth sharing this news.

After the most recent capital controls I think people in India will be relieved that bitcoin will serve as an alternative asset. If appears that it will be taxed like gold. I am glad that they didn't outright ban it. India's population as of 2015 was estimated to be 1.3 billion. With UASF etc on the horizon it would be nice to see a few hundred million people trying to diversify their assets. Very exciting.

https://cointelegraph.com/news/bitcoin-to-be-taxed-like-gold-in-india

Please share.

bitcoin gold india asset alternative
7 years ago by

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      ·  7 years ago (edited)

    Thank you for sharing that news @margintrader275 . Greate for Indian

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        ·  7 years ago 

      Thanks for sharing.

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