Income tax on freelance income from crypto

Tax queries 354 views 2 replies

Hey i just have a simple doubt regarding crypto freelance income, so i get my freelance icome in form of USDT coin and then i use a platform called copperx for offramp solution.

 Seeking clarity on tax implications -Receiving salary in USDT & converting via:
 1. local offramp: Has 1% TDS - Does this trigger 30% crypto tax?
 2. International remittance: Provides FIRC - Regular salary tax slabs?

Which approach is more tax efficient for receiving my freelance income?

Replies (2)

Would this have any implication on gst as for the local offramp its coming from local authority so will it incur 18% gst also .. as for international remittance its export of service so 0% gst as its consulatnacy charges .. Also the thing is company is indian registered but send money in usdc


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