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RE: 4 Tips To Get You Started With Bitcoin and Steem If You Are From India!
So if I use Bittrex exchange for trading, that would make my bitcoin taxable. hmmm?
So if I use Bittrex exchange for trading, that would make my bitcoin taxable. hmmm?
Nope. It wont' but if you withdraw to your bank account in India via any Indian exchange then it becomes taxable. Read my post on taxes to gain more insight into the procedures.
Ok, I just read it. So, taxes are higher in all 4-5 categories into which gains can be categorized, and if income more than 10 lacs, only then 30% taxes. thanks!