🇮🇳 Crypto Tax in India – Full Breakdown You Need to Know Before You Trade! 📉📈
Whether you
Crypto Tax in India – Full Breakdown You Need to Know Before You Trade! 📉📈 Whether you're trading BOB, SHIB, BTC or PEPE — if you're in India, 💸 Uncle Income Tax is watching. Here’s everything you need to know in one simple post $ETH 💰 1. Flat 30% Tax on Profits 📌 Applies only on profit when you sell crypto 📌 No deductions allowed (not even for gas, internet, or loss recovery) 📌 You calculate & pay this at the time of ITR filing 🔪 2. 1% TDS (Tax Deducted at Source) 📌 Charged on every crypto sale — profit or loss 📌 Must be paid at the time of sale 📌 Binance doesn’t auto-deduct this — you must deposit it manually if using Binance 🧾 3. Only Realized Profit is Taxed 📌 You are not taxed when holding 📌 Tax is triggered only when you sell crypto 📌 Withdrawals ≠ Profit unless the crypto sold had gain 😢 4. What About Losses? 📌 You cannot set off crypto losses against other income 📌 You cannot carry them forward 📌 Losses are just ignored by tax law (Section 115BBH) 🕵️♂️ 5. How Will ITR Know About My Crypto? 📌 They don’t — until you tell them 📌 But your bank withdrawals, TDS records, and UPI activity are tracked 📌 Mismatched filings can trigger notices or audits 💡 Pro Tip: ✅ Keep all trade records from Binance ✅ Use tracking tools like CoinTracker or Koinly ✅ File truthfully to avoid penalties 🚨 💬 Found this helpful? Drop a 🧾 if you’re filing your first crypto tax return this year. Share this to educate your Degen gang! 📤 #CryptoTaxIndia #BinanceSquare #CryptoProfits #TDS #CryptoEducation #TaxSeason2025 #BOBArmy #DYOR
#TariffTensions JUST IN: 🇺🇸 Trump administration demands final trade deal offers from countries by Wednesday to avoid reinstatement of tariffs. JUST IN: 🇺🇸🇨🇳 US pauses tariffs on select Chinese goods until August 31st.
🚨 BREAKING: Major Fed Signal Just Dropped!
🇺🇸 The U.S. The Federal Reserve has confirmed that
🚨 BREAKING: Major Fed Signal Just Dropped! 🚨 🇺🇸 The U.S. The Federal Reserve has confirmed that rate cuts remain on the table for later this year — a pivotal development for markets. 💡 Why it matters: Lower interest rates = cheaper capital = a boost for crypto and high-growth assets. 📈 This is a bullish signal — and the market is already starting to price it in. Smart investors are moving early to capture upside before momentum accelerates. 🧠 Don’t wait for headlines to catch up. Position strategically now. 🚀 2025 could be a breakout year. Will you be in the game — or watching from the sidelines? Stay ready. Stay informed. Ride with the trendsetters.#BullRunAhead $BTC
#BTC Bitcoin hasn't reached its support level yet, but it's expected to drop further.
Especially after Michael Saylor makes his next Bitcoin purchase.
Every time he buys, the market usually experiences a slight dip and today, he's expected to buy again. JUST IN: 🇯🇵 Metaplanet buys another 1,088 Bitcoin worth $114 million.
Write to Earn WCT Program – Become a Writer, Earn Crypto!
✍️ Write to Earn WCT Program – Become a Writer, Earn Crypto! #WriteToEarnWCT #BinanceSquare #CryptoEarning #BNB #Web3
🟡 What Is the Binance "Write to Earn WCT" Campaign? Did you know you can earn crypto just by writing? Binance has launched a new "Write to Earn WCT" campaign where content creators get rewarded with WCT (Writer Contribution Token) vouchers for posting high-quality articles on Binance Square. The best part? There's a 100% bonus commission reward system currently active – meaning your efforts could earn double the rewards!
🪙 What Is a WCT Voucher? WCT stands for Writer Contribution Token, a reward mechanism on Binance Square. When your content performs well (based on engagement like views, likes, and shares), you receive WCT vouchers that can be redeemed for BNB or other crypto rewards.
📚 What Kind of Content Can You Write? You can write about: Crypto market analysisWeb3 technologies & updatesBinance features like Binance Pay, Launchpad, or EarnCrypto education – explainers, tutorials, or beginner tipsPersonal trading strategies or experiences$WCT