A rickshaw driver in Bengaluru has become an unlikely sensation on social media after posting a notice in his vehicle announcing acceptance of cryptocurrencies.
The move has left many amused and impressed, with some even praising the driver's adaptability.
The notice, which reads "We accept cryptocurrencies," has sparked a lively debate online. While some users have expressed admiration for the driver's forward-thinking approach, others have pointed out the tax implications of such transactions.
Under Indian law, income from the transfer of crypto assets is subject to a 30% tax. This has led some to question the practicality of the driver's decision, with one user joking that the Finance Minister would be eager to collect the tax.
Despite the tax debate, the rickshaw driver's stunt has highlighted the growing interest in cryptocurrencies in India. As the country continues to navigate the complexities of digital currencies, this unusual incident has brought a smile to many faces.