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India NFT (Non-fungible Token) Income Tax Calculator

India NFT Tax Calculator

TOTAL BUYING PRICE:


TOTAL SELLING PRICE:



How To Use The India NFT Tax Calculator

Following are the steps to use the above NFT tax calculator for India:

  • Enter your total buying price of all the NFTs that you acquired.
  • Enter your total selling price of all the NFTs that you sold.
  • Finally, click on the “Calculate Tax” button to compute your NFT tax liability.

Here’s an example:

India NFT Tax Calculator

Also check out: India Crypto Income Tax Calculator

More Information About NFT Tax In India

Income from any digital asset, including NFT, is taxed at 30% in India as per the Budget of 2022, declared by the Government of India.

The 30% tax is applicable when an Indian tax payer sells his/her NFTs. The cost of aquisition of the NFT shall be deducted during the computation of the income tax.

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Hey there! I'm Anirban Roy, the founder of TechRBun.

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