What are the tax implications of investing in Bitcoin in India?

1 answers

• Dec 17, 2021 · 3 years ago
  As a representative of BYDFi, I can provide you with some information on the tax implications of investing in Bitcoin in India. Bitcoin investments are subject to capital gains tax in India. The tax rate depends on the holding period of the Bitcoin and whether it is considered as short-term or long-term capital gains. It is important to consult with a tax professional or refer to the Indian Income Tax Act for detailed information on the tax implications of Bitcoin investments in India.
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