Bitcoin legal in india

[vivekchaudhary]

Bitcoins would fall under the purview of RBI’s 1934 Act.
Bitcoin investors would be taxed.
RBI would issue guidelines regarding investment and purchase of Bitcoins.
If any foreign payment is made through Bitcoins, it would fall under the purview of FEMA Act.
Returns from investment in Bitcoins would be taxed.

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[dtubix]

Thanks for your good posts, I followed you! +UP

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