Despite not being accepted as legal cash in India, cryptocurrencies like Bitcoin and Ethereum are nevertheless regarded as assets for taxation. The Income Tax Act of 1961 makes any profits from purchasing, selling, or trading cryptocurrencies subject to taxation.

Due to the volatile nature of cryptocurrencies and the absence of clear regulations, calculating the tax on cryptocurrencies in India can be challenging.

At E-Munimji, we use advanced software to precisely compute the tax due on cryptocurrency transactions while staying up to date with the most recent guidelines and laws from the Income Tax Department.

 E-Munimji is your one-stop destination for accounting needs & requirements!