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Local / India / Re: Not all crypto earning will be taxed on the 30%
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on: April 15, 2023, 06:08:13 PM
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-snip-
$5000 at USDT/INR rate on the date of sale will be taxed as per normal taxable rates whereas $2000 at USDT/INR rate will be taxable at 30% under section 115BBH.
Will 1% TDS be applied on $2000 component only or on the total of $7000?
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Local / India / Re: Can you cashout gift card from Amazon pay to bank?
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on: April 12, 2023, 06:16:21 PM
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I found out that you can transfer the gift card amount to your bank account but you need to pass full KYC.
How? AFAIK, you can not ever transfer your GC balance to bank account. Please note that, Amazon Pay balance can be loaded using bank account as well. You may transfer that money back to your bank account again. I am aware the max you can get as a gift coupons is 5k as I recently made a purchase on Bitrefill.
No. 10k. Check https://www.coinsbee.com/en/Amazon-bitcoin.
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Local / India / Re: [THE REVIVAL RAFFLE] #10 - Pick a lucky number and win 0.001 bitcoin
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on: April 05, 2023, 07:20:41 PM
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Dbc1qcz0maspd6aha9ltdm4m0jknj2tjy9uur9s80n7 Hey everyone, If possible please try to provide a segwit bitcoin address (starting with bc1 or 3) instead of Legacy addresses starting with 1. It will help us in saving unnecessary fees and we can help the network by occupying less space in the block. From next raffle onwards segwit bitcoin address will be made mandatory and if you don't have a segwit address, try to install Electrum and provide one. We should minimize the usage of Legacy addresses as much as possible.
I think, enforcing SegWit was a good idea and you could have implemented it this time.
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Local / Marketplace (India) / Re: Buying BTC
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on: May 12, 2020, 05:53:05 PM
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WazirX issue, I don't trust any Indian exchanges.
If there are P2P Indian Exchanges, like Localbitcoins or Localcryptos, won't you trust them either? Localbitcoins I was pro trader long time ago, but there is so many regular scam so I do now only peer to peer trade through some forums or fix users.
Localbitcoins now enforces KYC. Still people can scam over there?
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Local / India / Re: [BLOCK HALVING RAFFLE] #5 - Pick a lucky number and win 0.001 bitcoin
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on: May 12, 2020, 05:08:19 PM
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Happy Halvening Guys! The grand event has once again occured in bitcoin and the Halving Block #630,000 has been finally mined. Lender is the winner for this prestigious halving raffle since the block hash ended with D #630,000 : 000000000000000000024bead8df69990852c202db0e0097c1a12ea637d7e96 dwhich gives up the last character as D D
154fgET6Kk663zVHLoAE1d7cvUcUALtXJB
Congrats Lender. Kindly confirm your bitcoin address, so that I can PM DarkStar_ to pay the prize. See you all again in the next raffle. Yes. 154fgET6Kk663zVHLoAE1d7cvUcUALtXJB is my address. Thanks everyone. Happy Halvening.
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