UNCULTURED TRADER
رفتن به کانال در Telegram
For Queries: @Uncultured_trader_bot🇮🇳 I am not a SEBI Registered.This channel is purely for education and training purposes only.I will not be liable for any of your losses or gains Please consult with your financial advisor before making any decision
نمایش بیشتر940
مشترکین
اطلاعاتی وجود ندارد24 ساعت
-37 روز
-1330 روز
آرشیو پست ها
What is Surcharge?
:- Surcharge is an additional charge levied for persons earning Income above the specified limits, it is charged on the amount of income tax calculated as per applicable rates->>>
10% - Taxable Income above ₹ 50 lakh – up to ₹ 1 crore
15% - Taxable Income above ₹ 1 crore - up to ₹ 2 crore
25% - Taxable Income above ₹ 2 crore - up to ₹ 5 crore
37% - Taxable Income above ₹ 5 crore
Maximum rate of Surcharge on Income by way of Dividend or Income under the provisions of Sections 111A, 112, and112A is 15%
Is any crypto tax free in India?
:- You won't pay tax on every crypto transaction. Transferring crypto between your own wallets and holding crypto is tax free in India. As well as this, receiving a gift of crypto from close family members and receiving a gift of crypto under RS50,000 from friends and relatives is tax free.
In summary, you won't pay tax on your crypto in India when you're
1⃣ HODLing crypto.
2⃣ Transferring crypto between your own wallets
3⃣ Receiving a gift of crypto up to RS50,000 from friends and relatives
4⃣ Receiving a gift of crypto of any amount from close family members
Interest on deposits in savings bank accounts shall not exceed(Senior citizens)
Winning from lottery, cross word puzzle are casual income hence it is
