What is the current tax rate for crypto assets in India?

3 answers

• Dec 28, 2021 · 3 years ago
  The current tax rate for crypto assets in India is subject to the individual's income tax slab. If you fall under the 30% income tax slab, you will be required to pay a tax rate of 30% on your cryptocurrency gains. It is important to consult with a tax professional or refer to the latest tax regulations for accurate information.
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• Dec 28, 2021 · 3 years ago
  Crypto assets in India are taxed based on the individual's income tax slab. The tax rate can range from 5% to 30% depending on the income bracket. It is advisable to consult with a tax advisor to understand the specific tax implications for your crypto investments.
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• Dec 28, 2021 · 3 years ago
  According to BYDFi, a leading cryptocurrency exchange, the current tax rate for crypto assets in India is determined by the individual's income tax slab. It is recommended to consult with a tax professional or refer to the latest tax regulations for accurate information on the tax rate applicable to your crypto investments.
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