Indian government sends tax declaration to Bitcoin investors in the country

in #bitcoin6 years ago

 The Indian  government has reported that it has sent investor tax declarations that  trade in cryptography following a nationwide review. 

 According  to Reuters reports, the Indian government reported that it sent investor  tax declarations, which are doing crypto trading, after a nationwide  review.

The survey found that Indian citizens were trading at $ 3.5 billion over a 17-month period. The  government collected data from nine different stock markets in the  country, and according to the report, "tens of thousands of people" were  notified.

As a result, India is asking for tax on its earnings as well as knowing how much people are accumulating in crypto-currencies.

Authorities  are keeping the Bitcoin and other crypto currencies evil in the past  days, while maintaining the official ambiguity of the country. 

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