In March 2022, Bachchan paid about 1 crore rupees in taxes against the sale of NFTs worth around Rs 7 crore, according to various media reports.
NFTs are stored on blockchain and it can be used to represent items such as photos, videos, audio, and other types of digital files.
Dune Analytics reports that the NFT market tumbles down by 97% from its peak of $17 billion in early 2022 to $470 million in September of that same year.