Important🚨: The CRYPTO community had many questions about the advance tax. The advance tax season is also here, and the last date to file advance taxes is March 15, 2023.

In this post, you will get to know everything about advance tax.

What is Advance Tax?

Advance tax means income tax should be paid in advance instead of a lump sum at year's end. It is also known as "pay as you earn tax." These payments have to be made in installments as per the due dates provided by the income tax depa

The rise of virtual digital assets (VDA) like Bitcoin, Ethereum, and NFTs has introduced a new method of gifting. But, the taxation of these digital gifts can be a complex maze as they could be taxable. Let us help you unravel the complexities of the Indian tax system and help you gift and receive cryptocurrencies and tokens with ease.

In the previous Budget 2022, the finance minister outlined the rules for taxing these types of assets, including provisions for taxing gifts of cryptocurrency, N

Crypto assets have been more of a disappointment than a revolution for many users, and global bodies like the IMF and the Financial Stability Board urge tighter regulation.

Some of the rapidly evolving technology behind crypto, however, may ultimately hold greater promise. The private sector keeps innovating and customizing financial services.

But the public sector too should leverage technology to upgrade its payment infrastructure and ensure interoperability, safety, and efficiency in digita

Unlock the hidden treasures of tax on airdrops in India - with our expert guide, you'll discover the legalities surrounding airdrop income and how to properly report it.

CONTENTS

So what are airdrops?

How to calculate your crypto airdrop income?

Applicable Tax clause on Crypto Airdrops

Real-life scenario(s) of tax computation on crypto airdrops

Some Ambiguities about Tax on Airdrops

Ways to reduce tax on crypto airdrops

Calculating Crypto Taxes with KoinX

The world of crypto ai