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Is there currently any way to convert Bitcoin to rupees without paying any tax?

Say i received some Bitcoin into my wallet from a colleague abroad and want to convert it into rupees without the tax authorities tracking it. Is there any such way? I understand it's illegal, and I'm not looking to do any such thing, just curious if the authorities can be evaded while purchasing/selling crypto.

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Internetexplorer

Swiggy

a year ago

There are discord groups that help you do it, essentially somebody acts as a broker and facilitates P2P transactions - they charge a small cut but definitely better than the 30% govt tax
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SolidBout

Stealth

a year ago

Interesting. Will look for these
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coala

Scaler

a year ago

yes. exchange it and don’t tell anyone. shhh. they’ll never find out
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ProteinPancakes

Stealth

a year ago

I want more life lessons from you
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Pomelodefiant

Stealth

a year ago

Check local bitcoins website, you’ll find other folks who’re looking to do this. Disclosure - this can be considered a Hawala transaction under Indian laws, if they find out. All the best 🙏
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CaptainLazzo

Stealth

a year ago

I don't think it's possible in India. You can either exchange bitcoin for direct cash transfer in your account from a third party who's willing to do that. But withdrawing directly to your bank account will include taxes
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rzr

Stealth

a year ago

I wanted to buy bitcoin dm me
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rzr

Stealth

a year ago

[email protected]
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Indusplateau

Stealth

a year ago

Hawala se connect Kara deta hu 1000 se lekar 1cr tak instant cash-5% commission rahega
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Blade

Stealth

a year ago

Direct jail. ED ko report kardi ye comment aur grapevine theri login details ko share karne ko 👍
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Indusplateau

Stealth

a year ago

Ed bhi inke Jeb mein hai sirf job walo ko notice jata hai
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