Income tax department sends notices to 500K HNIs involved in Bitcoin Trading (opens in new tab)

(inc42.com)

6 pointsaman-pro8y ago2 comments

2 comments

2 comments · 1 top-level

bhjkbhjkhui8y ago· 1 in thread

HNI = "High Net Worth Individuals"

(because that's just so obvious)

The article quotes a fine of INR 10,000 (roughly $250). Interested to see how they classify "HNI", as it seems a trivial fine to avoid the hassle.

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