Is it legal to make payments in Crypto?

This topic has 4 replies, 5 voices, and was last updated 1 year, 3 months ago by Chandaneagle687.

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- March 27, 2025 at 1:36 pm #26400 Reply
  Calmvarun9004
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  Calmvarun9004
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  March 27, 2025 at 1:36 pm
  
  I need to pay for something and the only payment method is Crypto. Is it legal to do so? And if yes, what are the tax aspects?
- March 27, 2025 at 2:08 pm #26403 Reply
  Abhijeetrider890
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  Abhijeetrider890
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  March 27, 2025 at 2:08 pm
  
  Nope. Crypto is banned in India.
- March 27, 2025 at 3:31 pm #26402 Reply
  Braveninja1446
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  Braveninja1446
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  March 27, 2025 at 3:31 pm
  
  Crypto has been declared illegal in India
  - March 27, 2025 at 4:39 pm #26404 Reply
    Chandaneagle687
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    Chandaneagle687
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    March 27, 2025 at 4:39 pm
    
    Why 30% tax then?
- March 27, 2025 at 9:30 pm #26401 Reply
  Braveshark5958
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  Braveshark5958
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  March 27, 2025 at 9:30 pm
  
  Yes, if you find someone to accept it. Make sure to pay 30% tax on profits.
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