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 !!
You are correct! Rather going here and there it is better to meet with a CA or a Tax consultant for filing crypto tax. If you cannot then there are websites like Koinly & Taxnode that can help you. They have partnered with multiple national and international exchanges. You need to connect your exchange wallet and the rest they will do it for you. A service charge will be applicable for filing tax.