For questions that relate to the laws, practices, and situation of India.
Questions tagged [india]
15 questions
15
votes
5 answers
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?
Vasuki
- 151
- 1
- 1
- 3
6
votes
4 answers
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 much of it will reach my MtGox account?
Bhargava
- 63
- 1
- 4
5
votes
2 answers
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 start an exchange like coinbase for India ? What are…
Ashwin Singh
- 113
- 1
- 5
4
votes
2 answers
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 of bitcoins in India?
What reason for…
bobdxcool
- 41
- 1
2
votes
2 answers
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:
Should I pay the tax in the USA because he got…
Shekar
- 29
- 2
2
votes
1 answer
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?
Sahil Paul
- 21
- 2
2
votes
2 answers
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?
Vrishabh Lakhani
- 21
- 2
1
vote
1 answer
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 India[![][2]][2]
And for bitcoins Premier Bitcoin…
user59584
- 11
- 1
1
vote
2 answers
what is best way to start bitcoin exchange @India
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 creating platform
- nodejs
- mondodb
- vuejs
sudeep_dk
- 111
- 4
1
vote
0 answers
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 people there participate in Bitcoin?
powtac
- 385
- 3
- 4
- 17
1
vote
1 answer
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 currency so the exchanges shouldn't ask for PAN…
CrownedEagle
- 123
- 1
- 8
1
vote
2 answers
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)
BTCXINDIA
- 49
- 2
0
votes
1 answer
Buy BTC without linking PAN card and aadhar card
How can we buy bitcoins in India without linking our pan card and aadhar card?
ArjunCh
- 1
-1
votes
1 answer
Transfering Bitcoin from India
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 countries and is it legal to transfer?
-1
votes
1 answer
In India how does one accept or give Bitcoin? Do we also get a physical coin for a Bitcoin?
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 value like a USD where the rate of the Bitcoin…
user285oo6
- 107
- 2