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Q&A: What is the legal procedure for converting the earned money online from hyip from other country to India?

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Question by Vishnu: What is the legal procedure for converting the earned money online from hyip from other country to India?
What is the legal procedure for converting the earned money online from hyip from other country to Indian Bank. Do I need to pay tax for this? or is it illegal to such online money business outside the country.

Best answer:

Answer by Jerry
HYIP are all frauds. There is no way any scheme can pay 1% or 2% daily without collapsing quickly.

You will lose money rather than earn, so no worries about tax or converting money.

SpeakAsia and unipay2u are two such schemes that collapsed recently. You should learn about them.

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I’m converting a freezer into a smoker and I need to wire in a thermostat to control the 1000 watt burner?

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Question by : I’m converting a freezer into a smoker and I need to wire in a thermostat to control the 1000 watt burner?
Most people tell me to go and get an old oven thermometer but those thermometers are made for 220V and of course my heating element is 110V. How do I make two compatible? Also I need a heating range from 90 deg to 200 degrees, will an oven thermostat be able to accommodate such a low temperature?

Best answer:

Answer by frederickdeguzman_1972
you will need a small bulb receptacle and a 110 volts low wattage bulb eg. 20watts. once you series the this between the thermometer and the filament, 110 becomes 220 and 220 becomes 110. there is also another way to do this, you can use two filament in a series that will become 220 volts. 110 +110. 90 degrees in centigrade is the minimum operating temperature for most oven thermostat.

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