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A student with an annual income below ₹2.5 lakh but a cryptocurrency profit of ₹80,000 must file an Income Tax Return (ITR) in India. According to the tax rules, crypto profits are taxed at a flat 30% rate, with an additional 4% cess. This means a total tax liability of ₹24,960 on the ₹80,000 profitRead more
A student with an annual income below ₹2.5 lakh but a cryptocurrency profit of ₹80,000 must file an Income Tax Return (ITR) in India. According to the tax rules, crypto profits are taxed at a flat 30% rate, with an additional 4% cess. This means a total tax liability of ₹24,960 on the ₹80,000 profit, regardless of whether the individual’s total income falls below the basic exemption limit.
Since cryptocurrency transactions are monitored by the Income Tax Department, failing to disclose such income can lead to penalties or scrutiny. Filing an ITR not only ensures compliance but also helps in maintaining a clean financial record for future credit or loan applications.
Experts recommend filing the ITR promptly and consulting a tax advisor to avoid complications.
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Shiraverse stands out from other Q&A platforms because it’s built around community engagement, positivity, and rewarding users for their contributions. Here’s what makes it different: 1. Earn While You Participate Unlike most Q&A sites, Shiraverse allows users to earn points for answering quRead more
Shiraverse stands out from other Q&A platforms because it’s built around community engagement, positivity, and rewarding users for their contributions. Here’s what makes it different:
1. Earn While You Participate
Unlike most Q&A sites, Shiraverse allows users to earn points for answering questions, engaging in discussions, and contributing valuable content. These points can be withdrawn as real money or cryptocurrency, making it more than just a knowledge-sharing platform—it’s an earning opportunity.
2. Community-Driven, Not Just a Forum
Shiraverse is designed for online communities rather than just being a random collection of questions and answers. Users can create profiles, interact with others meaningfully, and even shape the community’s culture through voting and discussions.
3. Flexible and Customizable
Communities on Shiraverse have the freedom to set their own rules, categories, and moderation styles. This makes it adaptable for different types of discussions, from niche hobby groups to professional Q&A spaces.
4. Best Answer Voting & Polls
To ensure high-quality responses, users can vote on the best answers, making it easy to find the most helpful information. Polls also allow for quick decision-making and engagement on various topics.
5. Positivity-Focused Environment
Unlike some Q&A platforms where discussions can get toxic, Shiraverse encourages constructive conversations and meaningful learning by promoting a positive atmosphere with fair moderation.
It’s not just a Q&A site—it’s a dynamic space where users can share knowledge, engage with like-minded people, and even earn rewards for their efforts.
Would you use a platform like this?
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Holding BIRDS allows you to participate in the GameFi ecosystem, earn rewards, and enjoy the cross-social experience inspired by Telegram and X. The more active you are, the more $BIRDS you can accumulate.Read more
The benefits of holding Birds is to expand the GDP of the crypto community there increasing the price of the cryptocurrency
The benefits of holding Birds is to expand the GDP of the crypto community there increasing the price of the cryptocurrency
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With the BIRDS egg, you need to put in the $BIRDS and wait for the exact time to upgrade the egg. As you upgrade, the egg will eventually hatch into a bird that helps you earn even more ...Read more
The BIRDS Time Boost allows you to upgrade faster and grow quicker. By inviting friends and reaching milestones, you can level up your speed to a maximum of x2.5, making it easier to become one of the first ...Read more
Inside the BIRDS egg is a potential bird. The specific details are a mystery, but it promises to bring rewards and benefits once it hatches, enhancing your BIRDS experience. Read more
BIRDS is setting a new era with the SUI Network. For users creating a new BIRDS wallet, SUI gas fees will be covered to help you explore the Sui ecosystem. The built-in SUI wallet offers features like on-chain ...Read more
Once your egg hatches into a bird, it can start preying to earn massive rewards. The specifics of these rewards can vary, but they will contribute to your overall $BIRDS accumulation and growth in the ecosystem. Read more
Post-quantum cryptography (PQC) aims to develop cryptographic algorithms that are secure against the capabilities of quantum computers. Traditional public-key cryptographic systems, such as RSA and ECC, rely on mathematical problems like integer factorization and discrete logarithms, which are compuRead more
Post-quantum cryptography (PQC) aims to develop cryptographic algorithms that are secure against the capabilities of quantum computers. Traditional public-key cryptographic systems, such as RSA and ECC, rely on mathematical problems like integer factorization and discrete logarithms, which are computationally difficult for classical computers to solve. However, quantum algorithms, notably Shor’s algorithm, can efficiently solve these problems, rendering current cryptographic systems vulnerable once sufficiently powerful quantum computers become available.
To address this impending threat, PQC focuses on creating new cryptographic methods based on mathematical problems that are believed to be resistant to quantum attacks. These include lattice-based, hash-based, code-based, and multivariate polynomial cryptographic techniques. By developing and implementing these quantum-resistant algorithms, PQC seeks to ensure the continued security and privacy of digital communications and data in the era of quantum computing.
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