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The government of india will soon impose 18% gst on bitcoin. On 3 january 2009, when the bitcoin network came into existence, the same day it also till 2018, several companies and startups dealing with cryptocurrency were opened in. There are many online sites in india who are accepting transaction is bitcoin. So, for example, say you earned $1,000 but were paid in bitcoin, you just have taxable income of $1,000. There are other millions of speculators who are waiting for the status of bitcoin regulation in india.
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The government of india will soon impose 18% gst on bitcoin.
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