what happened to bitcoin in central budget of india 2019

[Ambucrypto369]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

[playboy654]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

I saw many videos to get to know about it but still not getting anything related to crypto yet.

[Bitlover10]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

In this budget many announcements have been made from tax to infrastructure. As we all were expected to heard something about crypto or blockchain but sadly I can say their is not single statement about crypto or blockchain. When the budget speech began, Finance Minister Nirmala Sitharaman gave special emphasis on Digital India but she did not mention about crypto or blockchain. She mentioned following points about Digital India :-
1- Increasing the Internet connectivity and Internet service provider
2- Information about toilets on Google Maps has been uploaded.
3- Youth will be able to get higher earning jobs in other countries, so government encouraging skills related to artificial intelligence, big data, iOT and robotics in the youth.
4-  Startup Programs will be started on Doordarshan where all information related to startup will be given.
5- Every Panchayat will be connected to the internet.
6- New Space India Limited will be set up to help ISRO projects.
7- Business incubator will be established.
8- Online loan facility will also be provided.
9- GST rate on electric vehicle will be reduced from 12 percent to 5 percent

Source of above pointshttps://m.jagran.com/business/budget-budget-2019-key-highlights-for-announcements-made-related-to-digital-india-by-nirmala-sitharaman-19372949.html

Well their is no positive or negative comment on crypto or blockchain so lets hope for future.

[Ambucrypto369]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

In this budget many announcements have been made from tax to infrastructure. As we all were expected to heard something about crypto or blockchain but sadly I can say their is not single statement about crypto or blockchain. When the budget speech began, Finance Minister Nirmala Sitharaman gave special emphasis on Digital India but she did not mention about crypto or blockchain. She mentioned following points about Digital India :-
1- Increasing the Internet connectivity and Internet service provider
2- Information about toilets on Google Maps has been uploaded.
3- Youth will be able to get higher earning jobs in other countries, so government encouraging skills related to artificial intelligence, big data, iOT and robotics in the youth.
4-  Startup Programs will be started on Doordarshan where all information related to startup will be given.
5- Every Panchayat will be connected to the internet.
6- New Space India Limited will be set up to help ISRO projects.
7- Business incubator will be established.
8- Online loan facility will also be provided.
9- GST rate on electric vehicle will be reduced from 12 percent to 5 percent

Source of above pointshttps://m.jagran.com/business/budget-budget-2019-key-highlights-for-announcements-made-related-to-digital-india-by-nirmala-sitharaman-19372949.html

Well their is no positive or negative comment on crypto or blockchain so lets hope for future.

Indian government not speak about cryptocurrency and its legal regulation in this budget 2019

[erikalui]

Glad that bitcoin was not brought up in the budget else everything was just negative. More custom duty (from 10 to 12.5%), petrol and diesel prices increased by Rs. 1, charging fee on cash withdrawals above 1cr, more taxes on high salaried people and this proves that they tried making middle-class happy before the elections just to ruin everything after it.

[Ambucrypto369]

Glad that bitcoin was not brought up in the budget else everything was just negative. More custom duty (from 10 to 12.5%), petrol and diesel prices increased by Rs. 1, charging fee on cash withdrawals above 1cr, more taxes on high salaried people and this proves that they tried making middle-class happy before the elections just to ruin everything after it.

After G20 summit 2019 ..we have hope that bitcoin come with new regulation and taxation principles

[avikz]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

Nothing at all! I am surprised to see no comments have been made of cryptocurrency in this year's budget! I at least expected to hear about the upcoming G20 legislation to come into effect but none whatsoever.

However, I believe we will hear some update very soon because all member countries of G20 have agreed to follow the recommendations of FATF. Keeping my fingers crossed!

[ragavancoin]

Is there is any update about bitcoin in  new central budget 2019. Indian exchanges shutdown their service one by one.

There is no new updates about crypto exchanges in new central budget 2019, and same is continuing as 2018 RBI regulation and i hope we will get good news about crypto exchanges very soon from government of india.