aslisachin
KF Rookie
Hello Everyone,
Let me keep this thread on point.
So, I'm holding some crypto coins from around 2016, I've never bought them or trade them.
Some of them I've mined myself and some of them I've received as my freelance work payments.
I've researched almost every blog posts out there but haven't got any solution on If how much tax I have to pay on that.
Let's assume I have 1 Lakh Rupees worth of crypto, but I've never bought it from anywhere so that 1 Lakh is all my profit, so it means I have to pay 30,000 as taxes?
Let me keep this thread on point.
So, I'm holding some crypto coins from around 2016, I've never bought them or trade them.
Some of them I've mined myself and some of them I've received as my freelance work payments.
I've researched almost every blog posts out there but haven't got any solution on If how much tax I have to pay on that.
Let's assume I have 1 Lakh Rupees worth of crypto, but I've never bought it from anywhere so that 1 Lakh is all my profit, so it means I have to pay 30,000 as taxes?