Скачать или смотреть Tax on Crypto Mining | Crypto Tax India 2023

Crypto Tax Filing can be very frustrating 😑
Worry Not! FinFarm got you covered 💯
In today's episode, we will understand Taxes on Crypto Mining. Follow FinFarm for more Crypto Tax topics

How is Crypto Mining Taxed? 🤔
• Earnings from Crypto Mining can be treated as Business income.
• You have to pay tax on your mining profit as per your income tax slab rate.

BUT what if you hold these extra rewards and sell them at a profit?
You have to pay Tax as per your tax slab on the rewards generated and 30% Capital Gains Tax on extra profit with a 4% cess.

For any queries feel free to use the comment section📝

#Bitcoin #cryptocurrency #Ethereum #blockchain #tax #cryptotax #nft #profit #finfarm #india #cryptonews #cryptomining