A: Total income: Rs 1.5 cr
B: Total crypto profit: Rs. 1 cr
C: Crypto tax: 30% of B
D: Surcharge tax: 15% of C
E: Cess tax: 4% of C
Total #CryptoTax = C + D + E = Rs. 35,70,000!
Numbers are for example only.
Experts, correct me if I m wrong 😑
#cryptocurrecy#cryptotaxindia
@CoinSwitchKuber Its going to 35000$ because it’s started downfall if it takes reversal trend then we can think to invest. Currently market is too risky, But for holding long term you can invest .
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