TDS

"Indian Trader's Real Pain: Not the Market... The 30% Tax!"

Lost ₹15,000 in the market?
No worries, part of the game. 😌

Earned ₹5,000 profit?
— Welcome to 30% Tax & 1% TDS Hell! 🔥💀

In India, the only bullish thing is tax collection.
The market dips, but the taxman never sleeps. 💸📤

Are you trading for profit… or just to donate to the government? 😭👇

#BinanceIndia #TDS #30PercentTax #ETH #INR

🇮🇳 Crypto Tax in India – Don’t Get Rekt by Uncle Sam... I mean, Uncle Income Tax! 💰📉

Trading $SHIB, $BTC, or $PEPE in India? Think you’re only up against the markets? Nah fam — the real boss fight is with the taxman. 😅
Here’s your no-nonsense breakdown 🧾👇

🔴 1. 30% Tax on Profits

> Win big on a trade? You owe 30% flat on that profit.
❌ No deductions — not for gas fees, exchange charges, or even losses.
🧠 Pay it when you file your ITR.

⚠️ 2. 1% TDS on Every Sale

> Sell any crypto? 1% gets taxed instantly — profit or loss, doesn’t matter.
🏦 Some Indian exchanges auto-deduct this.
🔁 If you're using Binance, you gotta deposit TDS yourself. (Form 26QE)

💡 3. Just Holding? No Tax!

> Relax — you’re not taxed just for HODLing.
Tax hits only when you sell and lock in profits.
Withdrawals ≠ Profits unless you sold for a gain.

🫠 4. Losses? Sorry, No Love Here.

> Made a bad call? Tax dept doesn’t care.
❌ Can’t set off losses.
❌ Can’t carry them forward.
It’s like it never happened — brutal. (Section 115BBH)

🕵️ 5. Will They Know About My Crypto?

> Technically, no — until you tell them.
But 👀 your bank withdrawals, UPI logs, and TDS entries are watched.
Mismatch = audit or notice. Play smart.

🛠️ Pro Tips to Survive Tax Season: ✔️ Log all trades — screenshots & records 📸
✔️ Use tools like Koinly or CoinTracker
✔️ File honestly — no one wants a tax raid 🚨

💬 Filing your first crypto ITR this year?
Drop a 🧾 in the comments!
Tag your crypto gang and keep them out of tax trouble! 🧠🔥

#CryptoTaxIndia #BinanceTips #CryptoMadeSimple #TaxReady #Web3India #TDS #HODLResponsibly

Binance India Users – Important Update!

Binance is stepping up for Indian users with new features and stronger compliance:

KYC Re-verification is now mandatory. Complete it to avoid account restrictions.

Binance is now registered with FIU-IND, making access legal and safer.

Expect smoother INR deposit/withdrawal methods soon (via UPI/IMPS).

Tax tools added – track TDS, calculate crypto gains, and stay tax-compliant.

Extra security on P2P to stop scams – face + ID checks for safer trades.

Stay sharp, stay updated!

#BinanceIndia #TDS #CryptoTax #dyor

𝗥𝗲𝗰𝗼𝗺𝗺𝗲𝗻𝗱𝗮𝘁𝗶𝗼𝗻𝘀 𝗳𝗼𝗿 𝗨𝗻𝗶𝗼𝗻 𝗕𝘂𝗱𝗴𝗲𝘁 2025 🇮🇳👇

▪️Lower Crypto taxation – Reduce #TDS and capital gains taxes on crypto to boost investor confidence and buying power.

▪️Incentivize Web3 businesses – Offer tax breaks, grants, and regulatory clarity to attract #blockchain startups to India.

▪️Ease compliance for crypto businesses – Simplify legal frameworks for #Web3 companies.

▪️Embrace global crypto talent – Focus on for crypto founders, developers, and investors.

▪️Take a revenue hit, enable growth – Lower excessive taxation and restrictive policies to allow the crypto industry to scale.

▪️Concrete Web3 growth plan – India must define a roadmap for becoming a $5T+ economy with AI, crypto, #DEFİ , and blockchain innovation at its core.