India pursues Cryptocurrency holders for Tax
India pursues Cryptocurrency holders for Tax. India insistently pursues cryptocurrency holders for tax this week.
In a repeated series of misinterpretations of the facts surrounding the treatment of cryptocurrency by the Indian government, multiple publications warn that 100,000 investors who have received demanding letters of what they owned.
India has been a focus for Bitcoin traders this month after a budget speech by finance minister Arun Jaitley provoked price volatility due to press sources erroneously announcing the country would “ban” Bitcoin
“We have discovered that there are many people in the United States who have been informed and who are being taxed,” Chandra confirmed on the 6th of February
The so-called “aggression” on the part of regulators, according to PTI, does not affect wealthy individuals with the help of stock exchanges around 25% of the total users base.
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