NFT Taxation India ⁽²⁾

Introduction Cryptocurrencies also known as Virtual Digital Assets (VDAs) in Tax lingo, have emerged as leading digital assets facilitating online transactions for goods and services. Crypto traders actively seek to maximize their gains by capitalizing on the rising values of the cryptocurrencies they invest in.

NFTs are gaining popularity in India and many crypto traders and investors are dabbling into NFTs. This post should serve as the Ultimate Guide on Taxation of NFTs in India 2023. Keep reading to learn more about this topic. A Non-Fungible Token (NFT) is a…