How do you Determine Taxation on Income Earned from Digital Currencies

how-to-calculate-tax-on-cryptocurrency

The announcement of a flat 30% tax rate on income from the transfer of virtual digital assets (VDAs) which includes cryptocurrencies as well as NFTs in the Budget of 2022 was arousing acclaim from the crypto enthusiasts in India. While it is true that the VDA tax rates are very high the crypto community is …

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