🚨 30% Crypto Tax in India REMAINS ACTIVE! Here's what's up:

No change. No mercy. India’s Union Budget 2025 just kept the 30% flat tax on crypto gains. But that’s not even the worst part.

Here’s the real kicker:

- You can’t offset losses.

- You can’t deduct fees.

- You’re taxed like it’s gambling, not investing.

1% TDS still applies for every trade over ₹10K ($115), choking liquidity. And now there’s Schedule VDA - a new section in the tax form just for crypto. Every trade, every rupee — reported. Or else.

Miss a detail? That’s where it gets brutal:

- 60% tax on unreported gains

- 200% penalties

- Possible jail time up to 7 years

And if you're thinking of hiding coins overseas? India’s signing on to the OECD's global crypto reporting framework. Offshore wallets won’t stay secret for long. Crypto’s not banned in India, but trading becomes like dropping the soap in prison. You're getting f...d one way or another.

Follow @Professor Mende - Bonuz Ecosystem Founder for more updates! #India #CryptoTax #Bitcoin2025 #CryptoMarketNews #CryptoMarketWatch