Post
Topic
Board India
Merits 1 from 1 user
Re: Not all crypto earning will be taxed on the 30%
by
RajeshKarwa
on 02/06/2023, 20:23:28 UTC
⭐ Merited by Bureau (1)
Cryptocurrency earnings, including those from signature bounties or other activities, are likely to be subject to taxation in India. The tax treatment may depend on various factors such as the nature of the earnings (capital gains, business income, etc.), the duration of holding the assets, and the individual's tax residency status.

To ensure compliance with tax regulations and to determine your specific tax liability, it is recommended to consult with a qualified tax professional who can provide personalized advice based on your circumstances and the current tax laws in India. They can guide you on the appropriate tax slab, deductions, and any exemptions that may be applicable to your situation.

Thanks !!