{"id":56746,"date":"2023-05-19T14:10:45","date_gmt":"2023-05-19T08:40:45","guid":{"rendered":"https:\/\/corpbiz.io\/learning\/?p=56746"},"modified":"2023-05-19T14:10:47","modified_gmt":"2023-05-19T08:40:47","slug":"understanding-the-taxation-of-cryptocurrencies-in-india","status":"publish","type":"post","link":"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/","title":{"rendered":"Understanding the Taxation of Cryptocurrencies in India"},"content":{"rendered":"\n<p>Cryptocurrencies\nhave gained significant popularity and recognition globally, including in\nIndia. As the adoption of Cryptocurrencies increases, it is crucial to\nunderstand their tax implications. The Indian government and regulatory bodies\nhave taken steps to address the taxation of Cryptocurrencies, aiming to bring\nclarity and ensure compliance within the existing legal framework. In this blog\npost, we will explore the taxation of Cryptocurrencies in India and shed light\non the key considerations for individuals and businesses.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_82_2 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title ez-toc-toggle\" style=\"cursor:pointer\">Page Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#What_is_Cryptocurrency\" >What is Cryptocurrency?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#Overview_of_Cryptocurrencies_in_India\" >Overview of Cryptocurrencies in\nIndia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#Is_crypto_a_currency_or_an_asset\" >Is crypto a currency or an\nasset?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#Taxation_of_Cryptocurrencies_in_India\" >Taxation of Cryptocurrencies in\nIndia<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#How_is_Taxation_Essential_in_Crypto\" >How is Taxation Essential in\nCrypto?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#Calculating_tax_in_crypto\" >Calculating tax in crypto<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/corpbiz.io\/learning\/understanding-the-taxation-of-cryptocurrencies-in-india\/#Conclusion\" >Conclusion:<\/a><\/li><\/ul><\/nav><\/div>\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"What_is_Cryptocurrency\"><\/span>What is Cryptocurrency?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cryptocurrency\nis a digital or virtual currency that utilizes cryptography for security and\noperates on decentralized networks known as blockchains. Unlike traditional\nfiat currencies issued by central banks, Cryptocurrencies are not physical\ncoins or banknotes. Instead, they exist solely in digital form.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Overview_of_Cryptocurrencies_in_India\"><\/span>Overview of Cryptocurrencies in\nIndia<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cryptocurrencies\nhave gained significant attention and adoption worldwide, including in India.\nWhile the Indian government and regulatory bodies have shown caution and\nconcern regarding Cryptocurrencies, they have acknowledged their potential\nbenefits and are exploring ways to regulate the space. Here&#8217;s an overview of\nthe Cryptocurrency landscape in India:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Legal Status:<\/h3>\n\n\n\n<p>Cryptocurrencies arn&#8217;t considered legal tender in India. <strong>The Reserve Bank of India (RBI)<\/strong><sup><a href=\"https:\/\/www.rbi.org.in\/\"><strong>[1]<\/strong><\/a><\/sup>, issued a circular in 2018 prohibiting regulated entities from dealing with Cryptocurrencies. However, the circular was challenged by the Supreme Court, which eventually lifted the ban in 2020. Since then, Cryptocurrencies have operated in a legal grey area, with discussions ongoing to establish a clear regulatory framework.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Regulatory Developments:<\/h3>\n\n\n\n<p>Indian\nregulatory bodies, including the RBI and the Securities and Exchange Board of\nIndia (SEBI), have actively explored ways to regulate Cryptocurrencies. The\ngovernment has introduced the Crypto Currency and Regulation of Official\nDigital Currency Bill, 2021, which focuses to create a regulatory framework for\ndigital currencies while prohibiting private Cryptocurrencies. However, the\nbill is yet to be passed by the Parliament, and its exact provisions and\nimplications are still under consideration.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Crypto Exchanges and Trading:<\/h3>\n\n\n\n<p>India has\nwitnessed the emergence of several Cryptocurrency exchanges that allow users to\nbuy, sell, and trade various Cryptocurrencies. These exchanges act as\nintermediaries, providing a platform for users to engage in Cryptocurrency\ntransactions. However, given the uncertain regulatory environment, exchanges\nhave faced challenges maintaining banking relationships, leading to occasional\ndisruptions in fiat currency deposits and withdrawals.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">User Adoption and Awareness:<\/h3>\n\n\n\n<p>Cryptocurrency\nadoption in India has seen significant growth in recent years. More individuals\nare investing in Cryptocurrencies as an alternative asset class, driven by the\npotential for high returns and diversification. Increased awareness and\neducation initiatives have played a role in popularizing Cryptocurrencies,\nthough the general public still needs further awareness and understanding.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Blockchain Technology:<\/h3>\n\n\n\n<p>Apart from Cryptocurrencies,\nIndia has recognized the potential of blockchain technology and its\napplications across various sectors. Several government bodies and enterprises\nare exploring blockchain solutions for supply chain management, healthcare,\nfinance, and more. The government has also initiated blockchain-focused\nprojects and hackathons to foster innovation.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Government&#8217;s Stance on Cryptocurrencies:<\/h3>\n\n\n\n<p>While there have\nbeen concerns about Crypto currencies&#8217; potential misuse for illicit activities\nand money laundering, the Indian government has also shown interest in\nexploring the benefits of digital currencies. The RBI has been researching the\npossibility of a central bank digital currency (CBDC) and is expected to launch\na pilot project soon.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Is_crypto_a_currency_or_an_asset\"><\/span>Is crypto a currency or an\nasset?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Cryptocurrencies\ncan be considered both a currency and an asset, depending on their context and\nuse.<\/p>\n\n\n\n<ul><li>Currency:Cryptocurrencies were created with the intention of being used as a\nmedium of exchange, similar to traditional fiat currencies like the US Dollar\nor Euro. They can be used to purchase goods and services from merchants or\nindividuals who accept Cryptocurrencies as payment. Some Cryptocurrencies, like\nBitcoin, were specifically designed to function as digital currencies.<\/li><li>Asset:Cryptocurrencies can also be treated as assets or investment\ninstruments. Many people buy and hold Cryptocurrencies with the expectation\nthat their value will increase over time, allowing them to make a profit when\nthey sell. Cryptocurrencies, in this sense, are similar to other investment\nassets like stocks, bonds, or real estate.<\/li><\/ul>\n\n\n\n<p>The distinction\nbetween Cryptocurrencies as currencies or assets can also vary from a legal and\nregulatory perspective. Different jurisdictions may classify Crypto currencies\ndifferently based on their specific regulations and definitions. For example,\nin some countries, Cryptocurrencies may be treated as legal tender or recognized\nas a form of payment, while in others, they may be considered as property or\ncommodities.<\/p>\n\n\n\n<p>Furthermore, the\nusage and perception of Cryptocurrencies can vary among individuals and\nbusinesses. Some may primarily view them as a decentralized currency and use\nthem for day-to-day transactions. In contrast, others may treat them primarily\nas an investment vehicle, buying and holding them for potential returns.<\/p>\n\n\n\n<p>Cryptocurrencies\nas currencies or assets can affect taxation, regulatory oversight, and legal\ntreatment. The specific classification can vary across jurisdictions, and\nindividuals should consult the laws and regulations of their respective\ncountries to determine how Cryptocurrencies are treated.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Taxation_of_Cryptocurrencies_in_India\"><\/span>Taxation of Cryptocurrencies in\nIndia<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Taxation of Cryptocurrencies\nin India has been a topic of interest and discussion among individuals and\nbusinesses involved in Cryptocurrency transactions. The Indian government and\nregulatory bodies have taken steps to address the taxation aspects of Cryptocurrencies,\naiming to bring clarity and ensure compliance within the existing legal\nframework. Here is an overview of the taxation rules and considerations related\nto Cryptocurrencies in India:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Classification of Cryptocurrency\nTransactions:<\/h3>\n\n\n\n<p>The tax\ntreatment of Cryptocurrencies in India depends on the nature and purpose of the\ntransaction. The two primary categories are Cryptocurrency trading and Cryptocurrency\ninvestments.<\/p>\n\n\n\n<ol><li>Cryptocurrency Trading: <\/li><\/ol>\n\n\n\n<p>Suppose an individual or business engages in Cryptocurrency trading,\nbuying and selling Cryptocurrencies frequently for short-term gains. In that\ncase, the profits or gains derived from such activities are taxable. These\ngains fall under &#8220;Income from Business or Profession.&#8221; Proper books\nof accounts need to be maintained, and taxes are paid based on the applicable\nincome tax slab rates.<\/p>\n\n\n\n<ul><li>Cryptocurrency Investments: <\/li><\/ul>\n\n\n\n<p>Investing in Cryptocurrencies for the long term is considered a\ncapital asset investment. The tax treatment for Cryptocurrency investments is\nsimilar to that of other capital assets, such as stocks or real estate. If the Cryptocurrency\nis held for more than 36 months, any gains derived from its sale are treated as\nlong-term capital gains (LTCG) and taxed at a flat rate of 20% after applying\nfor indexation benefits. If the Cryptocurrency is held for 36 months or less,\nthe gains are classified as short-term capital gains (STCG) and taxed at the\napplicable slab rates based on the individual&#8217;s income.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Mining and Staking of Cryptocurrencies:<\/h3>\n\n\n\n<p>Cryptocurrency mining, which involves validating transactions and adding them to the blockchain network, is also subject to taxation in India. The value of the mined or staked Cryptocurrency received as income needs to be considered for taxation purposes. This value is taxable at the applicable <strong><a href=\"https:\/\/corpbiz.io\/income-tax-return-filing\">income tax<\/a><\/strong> slab rates, and individuals or businesses engaged in mining activities must report it as income.<\/p>\n\n\n\n<ol><li>Goods and Services Tax\n(GST):<\/li><\/ol>\n\n\n\n<p>The applicability of <strong><a href=\"https:\/\/corpbiz.io\/gst-registration\">Goods and Services Tax (GST)<\/a><\/strong> to Cryptocurrencies in India is still evolving. The sale or purchase of Cryptocurrencies in exchange for fiat currency, such as the Indian Rupee (INR), is considered a taxable supply of services and attracts GST at the applicable rates. However, specific guidelines and clarifications from the government regarding the exact GST treatment of Cryptocurrencies are awaited.<\/p>\n\n\n\n<ul><li>Compliance and Reporting:<\/li><\/ul>\n\n\n\n<p>Individuals and businesses involved in Cryptocurrency transactions\nmust comply with the tax regulations and reporting requirements. It is\nessential to maintain accurate records of Cryptocurrency transactions,\nincluding details of purchases, sales, trading, mining, and staking. These\nrecords should be retained to support tax calculations, especially in case of\nan audit or scrutiny by tax authorities.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"How_is_Taxation_Essential_in_Crypto\"><\/span>How is Taxation Essential in\nCrypto?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Taxation is\nessential in the realm of Cryptocurrencies for several reasons:<\/p>\n\n\n\n<ul><li>Revenue Generation: Taxation\nallows governments to generate revenue to fund public services, infrastructure,\nand social welfare programs. Cryptocurrencies have gained significant value and\nhave become a source of income for many individuals and businesses. Taxation\nensures that these gains are appropriately captured and contribute to the\noverall tax revenue.<\/li><li>Equity and Fairness: Taxation\npromotes fairness by ensuring that individuals and businesses contribute their\nfair share to a society based on income and wealth. Like any other form of\nincome or investment, cryptocurrencies should be subject to taxation to\nmaintain an equitable tax system.<\/li><li>Compliance and Regulation:\nTaxation helps bring Cryptocurrencies within the purview of regulatory\nframeworks. By establishing tax regulations, governments can introduce\noversight and control over Cryptocurrency transactions, promoting transparency\nand preventing potential misuse, tax evasion, money laundering, or other\nillicit activities.<\/li><li>Integration with Traditional\nEconomy: Taxation facilitates the integration of Cryptocurrencies with the\ntraditional economy. When Cryptocurrencies are taxed, they are treated on par\nwith other assets and income sources, fostering a level playing field for all\neconomic activities. This integration also helps establish the legitimacy and\nacceptance of Cryptocurrencies within the existing financial system.<\/li><li>Investor Protection: Taxation\nframeworks protect investors by requiring individuals and businesses to report\ntheir Cryptocurrency holdings and transactions. This ensures that investors\nknow their tax obligations and encourages responsible investing practices.<\/li><li>Clarity and Compliance: Taxation\nguidelines and reporting requirements bring clarity to individuals and\nbusinesses engaged in Cryptocurrency transactions. Clear regulations reduce\nconfusion, help taxpayers understand their obligations, and promote compliance.\nThis clarity is essential for taxpayers to avoid penalties and legal\nconsequences associated with non-compliance.<\/li><li>Future Legalization and\nMainstream Adoption: Establishing taxation frameworks for Cryptocurrencies is a\nstep towards future legalization and mainstream adoption. Governments\nregulating and tax Cryptocurrencies signifies their recognition of this digital\nasset class and their intent to create a supportive environment for its growth\nand development.<\/li><\/ul>\n\n\n\n<p>Individuals and\nbusinesses involved in Cryptocurrency transactions need to consult with tax\nprofessionals or experts who can provide guidance tailored to their specific\ncircumstances. Staying informed about tax regulations and fulfilling tax\nobligations is crucial to ensure compliance and mitigate potential risks\nassociated with Cryptocurrency taxation.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Calculating_tax_in_crypto\"><\/span>Calculating tax in crypto<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Calculating\ntaxes on Cryptocurrency transactions involves determining the taxable income or\ngains and applying the appropriate tax rates. Here&#8217;s a general overview of the\nsteps involved in calculating taxes on crypto:<\/p>\n\n\n\n<ul><li>Identify the Type of\nTransaction: Determine the nature of the Cryptocurrency transaction, whether it\nis trading, investment, mining, or any other activity. Different types of\ntransactions may have varying tax implications.<\/li><li>Determine the Holding Period:\nIf the transaction involves the sale of Cryptocurrencies, calculate the holding\nperiod. It is considered a short-term capital asset if held for 36 months or\nless.<\/li><li>Calculate Capital Gains or\nProfits:<\/li><li>For Trading: If the transaction\nis considered trading, calculate the profits or gains by deducting the cost of\nacquisition (purchase price) from the selling price of the Cryptocurrency. This\nwill yield capital gains or profits from trading activities.<\/li><li>For Investments: If the\ntransaction is considered an investment, calculate the gains or profits by\ndeducting the acquisition cost from the selling price. This will determine the\ncapital gains from the investment.<\/li><li>Determine the Tax Rate: For\ncapital gains, different tax rates apply based on the holding period:<\/li><li>Long-term Capital Gains (LTCG):\nIf the holding period is more than 36 months, the LTCG is subject to a flat tax\nrate of 20% after applying for indexation benefits.<\/li><li>Short-term Capital Gains\n(STCG): If the holding period is 36 months or less, the STCG is taxed at the\napplicable slab rates based on the individual&#8217;s income.<\/li><li>Compute the Tax Liability:\nMultiply the capital gains or profits by the applicable tax rate to calculate\nthe tax liability. This will give you the amount of tax owed on the Cryptocurrency\ntransaction.<\/li><\/ul>\n\n\n\n<p>It&#8217;s important\nto note that the above steps provide a general framework for calculating taxes\non Cryptocurrency transactions. However, tax laws and regulations can vary\nacross jurisdictions, and specific rules may apply. <\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span>Conclusion:<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The taxation of Cryptocurrencies in India is determined based on the nature of the transaction, whether it involves trading or investment activities. Cryptocurrency trading attracts income tax, while Cryptocurrency investments are subject to capital gains tax. Mining and staking of Cryptocurrencies are also considered taxable activities. Additionally, the applicability of GST to Cryptocurrencies is still evolving, and further guidelines from the government are awaited. Individuals and businesses involved in Cryptocurrency transactions must stay updated with the latest tax regulations, maintain proper records, and comply with reporting requirements to ensure smooth tax compliance and mitigate any potential risks or penalties. Consulting with tax professionals or experts can provide personalized guidance based on individual circumstances.<\/p>\n\n\n\n<p class=\"text-left\"><b>Read our Article<\/b>:<mark style=\"background: #fffd03 !important;\"><a href=\"https:\/\/corpbiz.io\/learning\/tax-residency-certificate-and-how-to-get\/\">An Overview On Tax Residency Certificate &amp; Double Taxation Avoidance Agreement: How To Get It?<\/a><\/mark><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Cryptocurrencies have gained significant popularity and recognition globally, including in India. As the adoption of Cryptocurrencies increases, it is crucial to understand their tax implications. The Indian government and regulatory bodies have taken steps to address the taxation of Cryptocurrencies, aiming to bring clarity and ensure compliance within the existing legal framework. In this blog [&hellip;]<\/p>\n","protected":false},"author":64,"featured_media":56830,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[152],"tags":[3631],"acf":{"service_id":"50"},"authorName":"Bhawna Kumari","authorImageUrl":"https:\/\/corpbiz.io\/learning\/wp-content\/uploads\/2023\/03\/MicrosoftTeams-image-30.jpg","authorDescription":"I'm Bhawna Kumari, a final year student pursuing B.B.A. L.L.B. (Hons.) at Jagran Lake city University in Bhopal. With a keen interest in law, Bhawna has gained a comprehensive understanding of various legal domains such as contracts, IPR law, taxation, and corporate law. Her academic coursework has honed her analytical, research, and writing skills, making her a valuable asset in the legal field.","postViews":1809,"readingTime":7,"_links":{"self":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/56746"}],"collection":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/users\/64"}],"replies":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/comments?post=56746"}],"version-history":[{"count":5,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/56746\/revisions"}],"predecessor-version":[{"id":56864,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/posts\/56746\/revisions\/56864"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media\/56830"}],"wp:attachment":[{"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/media?parent=56746"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/categories?post=56746"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/corpbiz.io\/learning\/wp-json\/wp\/v2\/tags?post=56746"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}