Please ping me 2 days before, I will try to attend surely.
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Most probably you need current account, because otherwise 1 day your bank will freeze your bank acc because of regular big transaction.
you can make proprietorship, and open current account behalf of that. Tin number not necessary to open current acc.
I'm afraid, that's not the case in current scenario. I've had a word with 'Yes' bank and the guy said that he needs TIN number to open a current account. Moreover; he said that other banks will also require TIN number to open a current account. It's not possible to open it without a TIN number. I have current account without TIN. They just need proprietorship deed, partnership deed or company registration document. No bank ever asked me for TIN number. Even if you are only service provider then you don't need TIN then you need service tax number. Every business don't required TIN to run business. I agree, TIN is not a requirement at all. He may have asked you by wrong assumption. Also @Deadley Bro, my account activity on SBI and AXIS have been really high by normal standards, like 3 - 4 times a day, average turnaround around 10k per week some weeks are less than others. This involved receiving payments for various freelancer services that I do (which you know of) plus personal transactions. Had the SBI since 2004 and Axis since 2010. Havent had my account frozen. Although I do know if the number of transactions and volumes reach a certain level they will freeze your account but myself being a freelancer since 2009 have never hit that level. And in this time I have been a pretty active trader in between 2012 and 2014. That is why I said "really high volumes" - which would be your case. He was talking about 27 lakh per month, saving account not for regular transaction of commercial thing. That is why we need current account for that.
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Most probably you need current account, because otherwise 1 day your bank will freeze your bank acc because of regular big transaction.
you can make proprietorship, and open current account behalf of that. Tin number not necessary to open current acc.
I'm afraid, that's not the case in current scenario. I've had a word with 'Yes' bank and the guy said that he needs TIN number to open a current account. Moreover; he said that other banks will also require TIN number to open a current account. It's not possible to open it without a TIN number. I have current account without TIN. They just need proprietorship deed, partnership deed or company registration document. No bank ever asked me for TIN number. Even if you are only service provider then you don't need TIN then you need service tax number. Every business don't required TIN to run business.
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Calculate your total annual earning and pay tax for that. That's it.
Doesn't matter how you earned. You are earning from trading, doesn't matter it's BTC or something else.
Makes sense, but do I need a current account or shall I keep trading using my savings bank account? If I'm suppose to get a current account, I need to show a firm/business (TIN number). I'm just not sure how to go about doing this step. How do you guys handle it? No need for current account as others have pointed out. I used to operate Krogyan with a savings account. Even used a paypal transcript to document my earnings which is pretty common for freelancers. No need to mention BTC at all, just mention IT consulting as purpose code. Most probably you need current account, because otherwise 1 day your bank will freeze your bank acc because of regular big transaction.
you can make proprietorship, and open current account behalf of that. Tin number not necessary to open current acc.
And by regular and big he means really regular and really big. All you need is 10k as dormant cash in such current accounts. Pretty similar to standard HDFC/ICICI accounts. If you don't know there is some limitation in saving account. When bank random check and found so many regular transaction they surely freeze acc and will tell you to open current account.
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Calculate your total annual earning and pay tax for that. That's it.
Doesn't matter how you earned. You are earning from trading, doesn't matter it's BTC or something else.
Makes sense, but do I need a current account or shall I keep trading using my savings bank account? If I'm suppose to get a current account, I need to show a firm/business (TIN number). I'm just not sure how to go about doing this step. How do you guys handle it? Most probably you need current account, because otherwise 1 day your bank will freeze your bank acc because of regular big transaction. you can make proprietorship, and open current account behalf of that. Tin number not necessary to open current acc.
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Calculate your total annual earning and pay tax for that. That's it.
Doesn't matter how you earned. You are earning from trading, doesn't matter it's BTC or something else.
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Can sell as much Skrill as much you are looking. Pm me for more details.
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yeah prices here are highly inflated better buy from international sellers who are way cheaper.
Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse. You are forgetting they are just not selling, Indian exchanges also buying in highly inflated price. So how it is unfair trade practice. How can you say they are also buying from India?They buy it from international market and sell to indians at higher price.Most Indians are not aware of international price or International sellers so they have no option but to buy from these exchanges. lol, you can sell yourself in exchange if you want to sell your btc. Market price is less then 85k and they are buying around 94k in every indian exchange and site. Like Zebpay, Unicon, coinsecure .
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yeah prices here are highly inflated better buy from international sellers who are way cheaper.
Yes Indian exchanges are making hay while sun shines.They are selling at exhorbitantly high price.I think this amount to unfair trade practices but since bitcoin is not regulated in India,we have no legal recourse. You are forgetting they are just not selling, Indian exchanges also buying in highly inflated price. So how it is unfair trade practice.
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Free vouch copy is available!
If you have vouch copy for Eset then I can take that.
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Old time seller.
Looking to sell bitcoins (will be selling upto 25 probably) for bank transfer.
-> I will not go first. Either you go first or Escrow. -> Only bank transfer. -> Don't come asking for unrealistic rates. -> PM for any other information.
Pm me which price you are looking can take good amount of BTC through bank transfer.
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I have 50$BTC , want to sell them for skrill/neteller. How much skrill will you offer for this ? I am expecting 15% premium...inbox me if possible
Sorry not interested.
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I sent you a PM for (You) US Pokerstars for (My) BTC 100$-300$
Please check I sent you some PM.
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What is your rate? I am interested.
now available 50 skrill replying you now PM me how much you looking and source of skrill fund.
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I have neteller with $3000.I want to sell my neteller for BTC, perfect money, payeer, payoneer. If you are interested to buy PM me or WhatsApp: +8801796759549
What is the source of your neteller funds.
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Now I have 3000 usd
I have .34 coins to trade on paxfuI I can create an offer but fee is going to be 25% You would have to prove that the account is yours as well If the trade is successfull Ill remove the red tag. Lol, I wont trade with you. And you can leave the red tag also. People only have to see the reference in the red tag I gave you to know that Im not a scammer. Coinman, sorry, I can't, I have to increase my transfer limits first in Neteller and Skrill Means your skrill and Neteller account not verified that is very low limit. Otherwise you can send easily even 5k$ at once in both site.
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Please send screenshot of your skrill history and pokerstar deposit history and your pokerstar nick. So I can check details.
If everything good will take all 4k.
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hello. i have skrill, want to buy bitcoin
Sent you pm. Please check.
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I need 40$ in Neteller ASAP for bitcoin ? I have no problem on going first and looking for a fast transaction , Hit me up once you login.
EDIT : I finished this transaction with sardasa , thanks though.
No issue. I have 22Eur in my Skrill and what to buy BTC, anyone?
Sorry don't trade less then 50.
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