What are the different scenario of Crypto / VDA taxation?

Crypto/VDA are taxed on the basis of the nature of transactions. Taxability on the basis of the nature of the transaction is as follows:

Tax-Free Crypto

• Holding crypto.
• Transferring crypto between your own wallets
• Receiving a gift of crypto up to ₹50,000 from friends and relatives
• Buying crypto with INR
• Lost or stolen crypto.

Crypto Taxed @30%

• Trading/Exchanging Crypto with another Crypto
• Exchanging crypto with another currency
• Spending crypto for goods or services.

Crypto Taxed normal slab rate

• Mining cryptocurrency
• Drawing a salary in crypto
• Staking crypto and earning stake benefits
• Receiving Airdrops