Monday for Money...! Indian Tax Authorities See ‘Concerns’ in Bitcoin Trading

ahlawat (76) in india-bitcoin • 7 years ago

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As awareness and adoption of bitcoin grow in India, there are concerns among authorities about the potential for abuse by tax evaders and money launderers. According to the Economic Times, Indian tax authorities fear that trading of cryptocurrencies ‘could become conduits for illicit flows and the movement of black money.’
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This is a currency we can buy and sell. It is not in black money. This is a new currency. It does not need any banks. There is no charge of transaction for this. And we can use it easily. Profit in this currency is quite significant.
I hope you like them,
Enjoy your Monday.
Have a Nice Day.

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7 years ago by ahlawat (76)

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rifat5 (50) · 7 years ago

wow bro very beautifull post

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ahlawat (76) · 7 years ago

thanks!

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rifat5 (50) · 7 years ago (edited)

welcome

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badol1994 (62) · 7 years ago

Posted a beautiful and useful post. Thank you

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ahlawat (76) · 7 years ago

thank you! you are welcome

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minnowpond (62) · 7 years ago

@mrainp420 has voted on behalf of @minnowpond.
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fernwehninja (65) · 7 years ago

I'm glad that bitcoin is getting popular in india so that more people can benefit :)

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ahlawat (76) · 7 years ago

thanks so much! you are right friend

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buildawhale (74) · 7 years ago

This post has received a 1.06 % upvote from @buildawhale thanks to: @ahlawat. Send at least 1 SBD to @buildawhale with a post link in the memo field for a portion of the next vote.

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