💰 Crypto Tax in India: What Every Trader Must Know! 🇮🇳🚨

If you think making profits in crypto is all about buying low and selling high — think again. In India, Uncle Sam’s desi cousin… the Taxman is also watching! 👀💼

🔍 Here’s How India Taxes Your Crypto Gains in 2025:

✅ Flat 30% Tax on Profits:

No matter if you made ₹1,000 or ₹1 crore — your gains are taxed at a flat 30%. No deductions allowed. Not even on transaction fees!

✅ 1% TDS on Every Sale (Section 194S):

Every time you sell crypto, 1% is deducted at source (TDS). This applies even if you’re in loss. Yes, you read that right.

✅ Gifting Crypto? It’s Taxable Too! 🎁

If you gift crypto worth over ₹50,000, the receiver may have to pay tax on it. Think twice before sending those tokens to impress your crush. 😂

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🚨 Important to Remember:

🔹 Crypto is treated like lottery winnings in India — not as capital gains.

🔹 Losses from crypto can’t be adjusted against profits from stocks or any other assets.

🔹 Exchanges report your transactions directly to the Income Tax Dept.

💡 Why Should You Care?

👉 Failing to comply could lead to heavy penalties or even legal trouble.

👉 Stay tax-smart. Keep clean records of every trade.

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📊 Crypto isn't illegal in India — but hiding your gains definitely is.

Trade smart. Pay smart. Stay safe. 🚀

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