The government has written in the parliament that in the last 3 years, 3 lakh 92 thousand people have left India and took citizenship of other countries.
Don't know why?
Average everyday 358 people are leaving Indian citizenship. This is something to think about.
New finding basically means Flat 30% tax on every profit
If you traded ETH/INR & suffered the loss of Rs 500, don't need to pay tax.
After ETH trade u traded BTC/INR & made a profit of RS 500, then you will be liable to pay 30% tax on the profit. ETH trade loss is ur problem.
Rs. 100 invested into Coin1
Rs. 100 invested into Coin2
Total Investment: Rs. 200
You make Rs. 100 profit in Coin1 and lose Rs. 100 in Coin2
You have to pay 30% for Coin1 profit since you won’t be able to offset Coin2 loss
You now have: Rs. 170