Don't get caught in the crypto tax misinformation trap! In India, the 18% GST is on trading fees, NOT on your entire trade value. On top of that, you'll pay 30% tax on profits and 1% TDS. Let's break it down:
- *Trading Fees*: 18% GST on fees charged by exchanges like Bybit
- *Profit Tax*: 30% tax on profits from crypto trading
- *TDS*: 1% tax deducted at source on each transaction
Stay informed, trade smart! #CryptoTax #India #GST #TradingFees #Taxation
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