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Income tax department sends notices to 500K HNIs involved in Bitcoin Trading (inc42.com)
6 points by aman-pro 3092 days ago
1 comments

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.