Wanted I want to convert crypto into USD
- Thread starter payal23j
- Start date
You can use Binance to do that , what is the purpose for that transaction ?
Actually one of my client says he can pay through crypto only, don't have any other option. So thing is that if i transfer that amount in my bank there would be 31% of deduction as on taxes.. which is not going to worth out. If anyone ready to send me in USD in my account and take money from cypto will be help to me.
Last edited:
Better option is cash settlement in your city , Buyer will meet you in person and handover you cash and you pay him/ her crypto.
How much amount is involved in transaction ?
If you are asking for Crypto --> Inward remittance that will also bring taxes if your company is not 100% Export Unit.
How much amount is involved in transaction ?
If you are asking for Crypto --> Inward remittance that will also bring taxes if your company is not 100% Export Unit.
Binance or any other such portals .
Here you can see 2 options WU , IW ( Swift ) . Looking for such buyers is a tricky part . He / She need to be trusted person.
Here you can see 2 options WU , IW ( Swift ) . Looking for such buyers is a tricky part . He / She need to be trusted person.
Zwielicht
Administrator
Administrator
Founding Member
Gold Star
Gold Star
Gold Star
Gold Star
Gold Star
If you're fine with gift cards, there are sites like Coinsbee where you can get one of those general gift cards like a Vanilla visa with crypto. You can spend those in most places online.
What is the amount? If it's a good enough price, I'll buy it and UPI you the cash.
If it's a considerable amount, go with CoinDCX and pay your taxes.
I am assuming you file your income tax? If you pay the 30% tax (+ 1% TDS), the rest of the money you have is not subject to taxation.
If it's a considerable amount, go with CoinDCX and pay your taxes.
I am assuming you file your income tax? If you pay the 30% tax (+ 1% TDS), the rest of the money you have is not subject to taxation.
