Over the last few months, there have been many discussions (and a lot of confusion) around crypto tax in India. In this post, I will briefly explain all the laws that apply to cryptocurrencies in India.
Before we begin, let’s quickly understand what Non-Fungible Tokens (NFTs) are.
NFTs are digital proof-of-ownership of an underlying asset such as:
digital art collectibles domain names virtual game items physical assets Cryptos can broadly be…