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Tax on Cryptocurrency India | Tax on Cryptocurrency | Tax on Crypto India | Tax on Crypto Cryptocurrency could be deemed as capital assets i
The world was introduced with the concept of Cryptocurrency with introduction of Bitcoin by Satoshi Nakamoto in 2008.
After that many other Cryptocurrencies have emerged like ethereum, ripple, Bat token, litecoin etc.
In India, RBI issued a circular in 2018 directing banks, NBFCs, other payment service providers to not provide any services to the Crypto Exchange and not have any commercial relations with them.
However, in 2020 Supreme court declared circular issued by RBI as unconstitutional and lifted the ban.
In Jan 2021, Govt issued a statement that it will introduce a bill and a sovereign digital currency will be created and all private currencies will be banned.
However, currently there is no law in India that puts a ban on cryptocurrency or declares it illegal. So as of the date of publishing of this video, anyone can invest in and hold Cryptocurrency in India.
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Journey of Cryptocurrency and it's legal status in India
The Best web Hosting services in 2021
In today’s technology driven world every business wants to get online to offer their products and services to their customers digitally. This way businesses can reach to a larger market without investing in physical outlets or stores.
But to go online every business needs website and website hosting service. This takes us to the most important question as to what are the factors which one needs to consider while choosing a web hosting service and what are the best web hosting services available.
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STOPELON: A cryptocurrency created to stop Elon Musk from manipulating Crypto Markets.
Recently Elon Musk announced that Tesla would no longer be accepting Bitcoin as payment for their cars over concerns the network was having on the environment, which caused the Bitcoin price to crash. On the other hand the value of Dogecoin is increasing after Mr. Musk tweeted several positive reviews of it.
Now, a group of fed-up Crypto fans are fighting back, and have launched the STOPELON coin, a new currency aimed at curbing the billionaire’s influence on Crypto Market
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