Irrespective of my tax slab ; crypto is taxed @30% . ?
I mean if my income is zero and i made profit from crypto trading Rs. 1 lakh ; i pay tax 30,000/= ? Or i’ll get STGC excemption of 1 lakh ?
Or crypto is taxed 30% based on my tax slab ?
In this case ; if my income is 5 lakhs including 1 lakh income from crypto trading ; i declare crypto income in first slab which is taxfree upto 2.50 lakh !
What is the rule ?