On the 8th November 2016, the Indian government announced its demonetization plans that would see 86% of all the cash money in the nation rendered useless. This rather drastic action was taken as a measure to quell illegal...
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Reserve Bank of India Сlosely Watching Transactions With Cryptocurrencies
The Reserve Bank of India (RBI) is keeping a close watch on transactions involving cryptocurrencies, says RBI Governor Urjit Patel to Parliamentary Panel. The Indian Government has taken multiple moves to curb tax evasion. The...
Bitcoin To Be Taxed Like Gold In India
India is tabling ideas on how to integrate Bitcoin into the country’s regulations and, with banning it being an unpopular option, it seems that a goods-and-services tax may be slapped on instead. In recent months a legal...
