Indian Tax Authorities See ‘Concerns’ Bitcoin Trading


SUBMITTED BY: mstpapi

DATE: Sept. 22, 2017, 10:05 a.m.

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  1. Indian tax officials have expressed the money laundering concerns. Indian tax officials are likely to be able to adopt Bitcoin in India, about possible tax misuse. This movement of black money from the fear of Indian tax authorities for reporting to the Economic Times Crypto-currency business. There the ED and Income Tax Officers are especially looking for important investments to buy crypto-currency. They provide roughly 90% of physical cash of India black money over obsolete overnight.

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