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3 votes

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

There are several legit companies where you can buy and sell Bitcoin officially in India such as Zebpay, Unocoin, Coinsecure,and Btcxindia. I have personally used Unocoin and Zebpay, both are good.
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2 votes

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?

If this is a true gift, that is, not part of any larger transaction and given out of the kindness of your heart, then you're probably going to have to consult a tax professional because this will ...
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2 votes

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

I would go to localbitcoins.com open an account and find a trusted seller with a reputation of 100% and 100plus customers to buy them from a local agent. Be smart about the price of the agent vrs ...
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  • 21
1 vote

Transfering Bitcoin from India

can someone from India who still have the bitcoin transfer to my Coinbase account in US? At a purely Bitcoin protocol level, yes - Bitcoin does not differentiate between users, locations, individuals,...
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  • 16.4k
1 vote

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

Discrepancies in exchange rates can arise from many things, such as: how often the exchange rates are recalculated or cached by the website where the website gets the data from (e.g. there are a lot ...
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  • 11.3k
1 vote

Tax implications of bitcoin income

The idea is to sell the bitcoins in India and wire him back the money from the sales proceeds in India. Translate: The idea is that he commits tax fraud because he will not report the sale as ...
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  • 177
1 vote

what is best way to start bitcoin exchange @India

In a nutshell: If I were setting up an exchange, I would look for a back-end that already exists, with a front-end that I could "white label". Firstly, I am a developer that works with Bitshares, ...
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1 vote
Accepted

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

No authority in India expressly authorizes other entities to use PAN or other unique ID cards for customer verification purposes. The entity itself takes such measures since Government issued ...
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  • 126
1 vote

Government Taxes on Bitcoin in India

Most of the Indian bitcoin businesses go by the analysis from Nisith Desai and Associates:https://www.zebpay.com/wp-content/uploads/2016/04/Bitcoins.pdf Bitcoin is unregulated in India(not illegal or ...
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  • 450
1 vote

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

Btcxindia is good. For peer to peer trading you can use localbitcoins
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