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RE: India: 18% GST May Be Levied On Cryptocurrencies

in #india6 years ago

When the government doesn't like something, they try to kill it off with taxation.

"It's unclear how bloggers or consultants earning encashing cryptocurrencies can go about their business should such a rule come into force."

It's easy: they will just stop reporting it. Once the gov. losses legitimacy, the breaking of unjust laws becomes an act of rebellion and pride. Just ask the Greeks.