#Bitcoin

As far as I know, being a Investment Banker at #ASKGroup LLC and 8 years in Virtual Assets #system

March 2020 #Bitcoin is fully operational in India. It's marked as Virtual Asset similar to commodity but not a currency by honorable supreme court of India.

As per Tax guideline the tax treatment for Bitcoin is 15% as STCG if it's sold in between three years, more than 3 years then LTCG 10% of profit.

Bitcoin can't be use as a currency in India but no problem in buying and selling.