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Cryptocurrency Taxed in India
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[QUOTE="arunima25, post: 213747, member: 30475"] Yes, it is definitely seen as a possibility that sooner or later cryptocurrency might get legalised in India. And taxation might be a step in that direction. But until and unless the government comes out clearly, it's all contemplation. Hopefully they come out about the legal status of the cryptos soon. In one interview, Finance minister was very clear that they have only come out with taxation on cryptos but not about it being legal. But definitely that eliminates it's ban. Many countries including the US are in favour of taxation on cryptocurrency. [/QUOTE]
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