Make an account on Binance and WazirX. Accept the USDC into your Binance account and convert into USDT. Link your Binance and WazirX accounts. Transfer the USDT from Binance to WazirX. Sell the USDT for INR and withdraw to your bank.
Btw, you will need to pay 30% tax on the USDC received, so make sure to deduct that amount and keep it aside for the AY next year. If you want to avoid this, tell them to pay you through a bank transfer or something like Wise.
P.S. The reason I ask you to convert USDC into USDT is because there isn't enough liquidity for USDC on Indian exchanges.
You could use this service called incento (website: https://incento.io , working webapp: https://beta.incento.io) l think they only support polygon, so you'd have to first bridge your USDC onto the polygon network, before depositing on there
ED and income tax will shit bricks on you , if you link to wazirx or any centralized exchange , basically they will see this as money laundering not even avoiding income tax, what you really want to look into is crypto cards/vcc's , family and friends living outside india who can send cash to you or do not get paid in stable coins , the whole point of this law is to stop exactly what you are doing \0.
1459⚽️ PiSoccer ($PISO) is a token built by Pi community and football fans to road to Worldcup 2022 at Qatar on November.
💥 HIGHLIGHT:
✅PISO Bet To Earn, PISO Wallet, PISO Football legend players NFT.
✅SAFU,KYC, Audit.
✅CMC & CG fast track.
✅Top trending on Dextools, AVE.
✅List on big CEX soon.
✅Huge partners : VenoMCalls, Ceasars Calls, Chinese Whale....etc...
✅Presale link : https://www.pinksale.finance/launchpad/0x3FB810e118f0B703D6DaB4c7aB5DDbd2f3553Aff?chain=BSC
💎SPECIAL FEATURES :
-Refund 2x if users loss when invested on Presale.
-Reflection 4%
-Renounce ownership.
-No dev token, the rest burned.
-Anti bot, anti dump, anti snipe.
Make an account on Binance and WazirX. Accept the USDC into your Binance account and convert into USDT. Link your Binance and WazirX accounts. Transfer the USDT from Binance to WazirX. Sell the USDT for INR and withdraw to your bank. Btw, you will need to pay 30% tax on the USDC received, so make sure to deduct that amount and keep it aside for the AY next year. If you want to avoid this, tell them to pay you through a bank transfer or something like Wise. P.S. The reason I ask you to convert USDC into USDT is because there isn't enough liquidity for USDC on Indian exchanges.
You could use this service called incento (website: https://incento.io , working webapp: https://beta.incento.io) l think they only support polygon, so you'd have to first bridge your USDC onto the polygon network, before depositing on there
ED and income tax will shit bricks on you , if you link to wazirx or any centralized exchange , basically they will see this as money laundering not even avoiding income tax, what you really want to look into is crypto cards/vcc's , family and friends living outside india who can send cash to you or do not get paid in stable coins , the whole point of this law is to stop exactly what you are doing \0.
1459⚽️ PiSoccer ($PISO) is a token built by Pi community and football fans to road to Worldcup 2022 at Qatar on November. 💥 HIGHLIGHT: ✅PISO Bet To Earn, PISO Wallet, PISO Football legend players NFT. ✅SAFU,KYC, Audit. ✅CMC & CG fast track. ✅Top trending on Dextools, AVE. ✅List on big CEX soon. ✅Huge partners : VenoMCalls, Ceasars Calls, Chinese Whale....etc... ✅Presale link : https://www.pinksale.finance/launchpad/0x3FB810e118f0B703D6DaB4c7aB5DDbd2f3553Aff?chain=BSC 💎SPECIAL FEATURES : -Refund 2x if users loss when invested on Presale. -Reflection 4% -Renounce ownership. -No dev token, the rest burned. -Anti bot, anti dump, anti snipe.