The announcement has garnered a mix of amusement and admiration, with many praising the driver’s innovative approach. The notice, which says “We accept cryptocurrencies,” has sparked a vibrant online discussion. While some users commend the driver’s forward-thinking attitude, others are concerned about the tax implications of such transactions.
In India, income from crypto asset transfers is taxed at 30%, raising questions about the feasibility of the driver’s decision. One user humorously suggested that the Finance Minister might be keen to collect the tax revenue.
Crypto group with 440,000 members launches PAC
Regardless of the tax concerns, the rickshaw driver’s action has underscored the increasing interest in cryptocurrencies in India. As the country grapples with the challenges of digital currencies, this unique situation has brought a touch of humor and intrigue to many.
Follow us on our social media platforms here: Twitter WHATSAPP CHANNEL FACEBOOK PAGE
Comments are closed, but trackbacks and pingbacks are open.