๐จ NEW CRYPTO TAX RULES in INDIA from July 7, 2025 ๐จ
Your profits just got a lot lighterโฆ
๐ Starting today, hereโs the updated crypto tax breakdown:
๐ป 30% flat tax on crypto gains
๐ป 1% TDS (Tax Deducted at Source)
๐ป +18% GST โ now levied on top of your transaction costs!
๐งฎ Letโs break it down:
You make โน100 in crypto gains?
๐ 30% tax = โน30 gone
๐ 1% TDS = โน1 gone
๐ 18% GST = applicable on transaction fees
๐ Nearly HALF your profits are wiped out! ๐ฐ
๐ก This is a game-changer for Indian crypto traders & investors. Whether you're flipping $BTC, farming $BNB, or spotting #BTCWhaleMovement โ this tax combo hurts short-term trades the most.
๐ What can you do?
โ Focus on long-term holding strategies
โ Consider moving to DEXs with caution (regulatory risks apply)
โ Keep detailed records โ GST input credit rules may evolve
๐ฌ How do you plan to adapt your strategy with this new tax regime?
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