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Author Topic: Which bitcoin exchange in India trades on live international price?  (Read 339 times)
krishnaverma (OP)
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December 01, 2017, 12:08:45 AM
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Is there any bitcoin exchange in India trades on live international rates? I am asking this because most of the exchanges are charging about $1000-$2000 more than international price.
newinbtc
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December 01, 2017, 11:11:27 AM
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My answer will be No one......

Indian Government Rules
You have to pay Tax on Service charge
If they Earn 100 Rs the they need to pay 18 rs as tax only

Exchanges like unicoin and zebpay need to follow the rules Also they need to pay Gst , Returns , Income Tax

This is the main reason behind huge difference between Indian rates and international rates
kittucrypt
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December 05, 2017, 02:15:15 PM
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My answer will be No one......

Indian Government Rules
You have to pay Tax on Service charge
If they Earn 100 Rs the they need to pay 18 rs as tax only

Exchanges like unicoin and zebpay need to follow the rules Also they need to pay Gst , Returns , Income Tax

This is the main reason behind huge difference between Indian rates and international rates

I wouldn't say that's the reason. The exchanges operate as a brokerage and only taxes they have to pay are on the fees that they charge. So if they sell a BTC to you for 8L, they arent paying a GST or service charge tax on that. Apart from that returns and income tax is something any business has to file. Even the exchanges in US have to do that.

yyuvane
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December 06, 2017, 11:37:23 AM
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try https://xapo.com/

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Balachandare
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December 07, 2017, 05:16:42 AM
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How to deposit more than 50000? By cash
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