🇮🇳 Crypto Tax in India: Complete Guide for FY 2025-26 🧾💸
As Bitcoin, Ethereum, NFTs, and altcoins grow in popularity among Indian investors, it’s crucial to understand how to file crypto taxes correctly. Here’s what you need to know for FY 2025-26:
🔹 Key Crypto Tax Rules in India:
30% flat tax on crypto gains — no deductions except acquisition cost.
1% TDS (Tax Deducted at Source) on every crypto trade above ₹10,000.
Gifts in crypto are taxable if above ₹50,000 in value.
Losses from crypto can’t offset other income or be carried forward.
🔍 How to File:
Track every trade: Use Binance’s transaction history.
Report all gains: Even P2P, NFTs, or airdrops.
Pay TDS: This is auto-deducted by exchanges like Binance.
📅 File under Schedule VDA (Virtual Digital Assets) in your income tax return.
👉 Pro Tip: Use crypto tax software to save time and stay accurate.
Stay compliant. Stay smart. Crypto profits feel better when your tax game is clean.
#CryptoTax #IndiaCrypto #BTC110KToday? #CryptoEducation #CryptoCompliance