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30% TAX on AIRDROP - $DOGS, TOMARKET, HAMSTER KOMBAT | Crypto Tax in India | Bitcoin & ALT Analysis
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30% TAX on AIRDROP - $DOGS, TOMARKET, HAMSTER KOMBAT | Crypto Tax in India | Bitcoin & ALT Analysis
TOPIC Covered
Crypto tax in India
Airdrop Tax in India
tax on crypto in India
Income Tax On Crypto Airdrops
In India, airdropped tokens are classified as “income from other sources” (IFOS) and are subject to income tax. The tax rate is based on the individual slab, depending on the tax regime. Here’s the key takeaway: even though you didn’t pay for the tokens, they are still considered income for tax purposes.
Capital Gains Tax On Disposal Of Airdrops
A capital gains tax is applied to the profit an investor enjoys from selling their investment, such as cryptocurrency, NFTs, or stocks. Hence, if you decide to sell, swap, or spend your airdropped tokens later, your capital gains will be subject to a flat tax rate of 30%. - KOINEX
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Disclaimer: The Information provided on, from or through this channel is general in nature and is solely for educational purposes. Market recommendations provided by us are generic only and may or may not be consistent with the market positions or intentions of our channel and/or our affiliates.
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TOPIC Covered
Crypto tax in India
Airdrop Tax in India
tax on crypto in India
Income Tax On Crypto Airdrops
In India, airdropped tokens are classified as “income from other sources” (IFOS) and are subject to income tax. The tax rate is based on the individual slab, depending on the tax regime. Here’s the key takeaway: even though you didn’t pay for the tokens, they are still considered income for tax purposes.
Capital Gains Tax On Disposal Of Airdrops
A capital gains tax is applied to the profit an investor enjoys from selling their investment, such as cryptocurrency, NFTs, or stocks. Hence, if you decide to sell, swap, or spend your airdropped tokens later, your capital gains will be subject to a flat tax rate of 30%. - KOINEX
TOMARKET $TOMATO AIRDROPS TOKENS - $20000 Airdrop Announcement Just Now | Don't miss Tomato Airdrop
SIGNUP LINK AGENT301👇
Use my link to get 48,000 eXTRA !
SIGNUP LINK CATIZEN 👇
Use my link to get 4,00 !
SIGNUP LINK TOMATO 👇
Use my link to get 4,000 🍅 $TOMATO!
FREE TON BOT LINK 👇
Web3 Wallet download link 👇
Signup CODE : jrc5Y9
How to buy Premium Subscription
BEST INDIAN EXCHANGE 👇
OKTO wallet no KYC EXCHANGE
𝐁𝐞𝐬𝐭 Staking Platform 👇
𝐁𝐞𝐬𝐭 𝐄𝐱𝐜𝐡𝐚𝐧𝐠𝐞𝐬 𝐟𝐨𝐫 𝐂𝐫𝐲𝐩𝐭𝐨 Trade 👇
✅Join Free Telegram Signal
Social Media: 👇
Disclaimer: The Information provided on, from or through this channel is general in nature and is solely for educational purposes. Market recommendations provided by us are generic only and may or may not be consistent with the market positions or intentions of our channel and/or our affiliates.
#tomarket #hamsterkombat #crypto #dogs
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