Question

IF EVERYONE SAYS THAT LIFE IS UNFAIR, DOESN’T THAT MEAN THAT LIFE IS FAIR?​

Answer 1

$\huge\fcolorbox{red}{gold}{αηѕωєя}$

What is the tax system on cryptocurrency in India?

As cryptocurrencies enjoy no legal status in India, there are a lot of uncertainties regarding the taxation of crypto gains and income among crypto investors and traders.

Therefore, with the absence of any specific income tax rule related to cryptocurrencies, the existing income tax rules are applied to crypto gains and income. Let’s understand how they are taxed in India.

1.Bitcoin/crypto mining: Mining is an activity through which bitcoins and cryptos based on the PoW consensus mechanism are generated. Since bitcoin is a self-generated asset and outcome of the mining process, there is no clear regulation on how they should be taxed, whether under capital gains tax or the head “income from other sources”.

Answer 2

Answer:

Life isn't unfair, and life isn't fair. Fairness is just your perception of worth and expectations of reciprocity by the world.