Questions tagged [india]

For questions that relate to the laws, practices, and situation of India.

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1answer
31 views

Transfering Bitcoin from India [closed]

Since BTC is illegal in India, can someone from India who still have the bitcoin transfer to my Coinbase account in US? Is there any transfer fees or exchange fees that we need to pay in either ...
2
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2answers
490 views

If I send Bitcoin from the USA to a friend in India, do I have to pay capital gain tax on it if he sells it and makes a profit?

Let's say I buy $10,000 worth of Bitcoin in the USA, which I transfer to my friend in India. He sells it for $11,000 and keeps that money himself as I have gifted him that Bitcoin. My questions: ...
1
vote
1answer
653 views

Why there is a huge amount of difference in price for the same coin at same time?

Well, I am new to this world and trying to understand things. The main thing where I got stuck is, I realise that the same currency has different values in different places. And in here for Ripple in ...
4
votes
2answers
505 views

Tax implications of bitcoin income

I have a friend in the USA who can send me bitcoins. The idea is to sell the bitcoins in India and wire him back the money from the sales proceeds in India. What are the tax implications on the sale ...
0
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1answer
774 views

Buy BTC without linking PAN card and aadhar card

How can we buy bitcoins in India without linking our pan card and aadhar card?
1
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2answers
211 views

what is best way to start bitcoin exchange @India [duplicate]

we are bunch of Full stack developer whom wants to start bitcoin trading platform @india - with very low cost - easy process - easy to use - Top most security - super fast tech we will use for ...
1
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0answers
110 views

How do people in developing countries buy Bitcoin?

When there are only bank accounts of small bank institutes in undeveloped countries, how do people there buy Bitcoins? When there are only limited possibilities for global money exchange, how can ...
1
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2answers
3k views

Is PAN or ID card verification necessary to buy Bitcoin in India?

There are many Bitcoin exchanges in India but all of them require PAN or others documents to validate identity. However, the Central Bank of India i.e. RBI has not given Bitcoin the status of a valid ...
2
votes
1answer
2k views

Government Taxes on Bitcoin in India

What is the tax regulation for Bitcoin in India? If I make profit out of Bitcoin, what percentage will I have to pay to the government?
2
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2answers
2k views

What's the safest way to buy bitcoins in India?

I have came across multiple companies selling BTC, but I’m not sure which one to trust. How can I find a safe way to buy bitcoins in India?
-1
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1answer
126 views

In India how does one accept or give Bitcoin? Do we also get a physical coin for a Bitcoin? [closed]

I heard about Bitcoin and its endless possibilities to use Bitcoin irrespective of a particular geographic location. But my doubt is How does one accept and give a Bitcoin, Does it have its own market ...
1
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2answers
518 views

why does Indian Bitcoin exchanges offer huge spreads( Bid and Ask)?

Why does Indian bitcoin exchnages are offering huge spread and why not international exchanges(ex:bitstamp,btc-e)
6
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4answers
7k views

How do I transfer funds from India to an exchange?

I want to buy a few Bitcoins using my bank account/ credit card from here in India. How do I do that? MtGox has an option to do wire transfer. Is it the only way to do it? If I transfer $1000, how ...
5
votes
2answers
2k views

Setting up a coinbase like service in India , need suggestions

I have read and researched extensively on bitcoin, but I haven't found any service like coinbase that allows a user to buy or sell bitcoins online without having a US bank account. So how can one ...
15
votes
5answers
66k views

How can I convert bitcoins to Indian rupees and vice-versa?

How can I convert bitcoins into Indian rupees (INR) and get them in paper rupee notes?