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New IRS Rules for Crypto Are Insane! How They Affect You!Staking rewards via staking pools are generally taxed as income upon receipt regardless of whether you choose to immediately withdraw them. It's a murky issue, but in general, staking rewards are subject to Income Tax based on the fair market value of the coins at the point you receive them. You'll. You'll pay 30% tax on profits from trading, selling, or spending crypto and a 1% TDS tax on the sale of crypto assets exceeding more than RS50, (RS10, in.
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