Buy and sell Bitcoin in india

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Buy and sell Bitcoin in india

India is considering imposing a ‘reverse charge’ tax on foreign cryptocurrency exchanges 0
- Latest News
- May 18, 2022
The India government is considering imposing a “reverse charge” on virtual digital asset investments made through foreign platforms. A reverse charge is a tax owed by the recipient of goods or services rather than the supplier. The burden of goods and services taxation (GST) will rest on an Indian investor who purchases services from a
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To get around payment channel restrictions, Indian crypto exchanges are becoming P2P 0
- Latest News
- April 18, 2022
As part of an ongoing effort to circumvent bank and payment company limitations, a number of Indian bitcoin exchanges are supporting peer-to-peer transfers. When the exchange gets a buy order, it immediately connects the buyer with the seller. The buyer can then send money to the seller through a bank or a payment mechanism, and
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Indian cryptocurrency investors are in a panic as bitcoin exchanges turn off the transmission network 0
- Latest News
- April 14, 2022
According to reports, two major Indian cryptocurrency exchanges have halted deposits using a popular payment method, prompting concern in a country where, despite Bitcoin’s great popularity, regulatory clarity is still absent. According to news reports, Indian crypto exchanges WazirX and CoinSwitch Kuber have disabled rupee deposits for the purpose of purchasing cryptocurrency using the United
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Another Indian exchange has put a halt to bank transfers as the number of crypto-INR purchase options decreases 0
- Latest News
- April 13, 2022
CoinSwitch Kuber, another blow to the Indian crypto economy, has temporarily halted crypto purchases. Users were not able to make an instant payment via the Unified Payments Interface (UPI) or bank transfers via NEFT/RTGS/IMPS, according to media sources. In India, the number of cryptocurrency purchase choices has shrunk. The news comes after the country’s payments
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The International Monetary Fund (IMF) has issued a warning to India about cryptocurrency adoption 0
- Latest News
- March 31, 2022
The International Monetary Fund (IMF) recently raised concerns about the hazards of enabling cryptocurrencies to be used as legal money. The fund is actively assisting India in the development of a comprehensive cryptocurrency policy. From April, India will impose a 30% capital gains tax on space investments. However, there are still no comprehensive policies governing
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A member of the Indian parliament has asked the government to tax cryptocurrency income at a rate of more than 30%.0
- Latest News
- March 29, 2022
The Rajya Sabha, India’s upper house of parliament, is now debating India’s Finance Bill 2022, which includes a proposed 30% tax on crypto revenue. Sushil Kumar Modi, a member of Parliament, asked the government on Monday to raise the tax rate on cryptocurrency revenue from 30% to 40%. He declares: “I would like to request
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