RELATIVELY NEW BECAUSE

Last updated: June 15, 2025, 21:21  |  Written by: Fred Ehrsam

Relatively New Because
Relatively New Because

India

According to the Union Finance Ministry, on payments made following the transfer of Virtual Digital Assets [VDA], a direct tax of over $19 million or Rs. 157.9 crores was

Although unregulated, the Indian government recently executed a 30% tax on cryptocurrency earnings and a 1% tax deducted at source as part of the Union Budget

India's tax collections pulled in over $19 million for FY2025. FM Nirmala Sitharman imposed 1% TDS and 30% tax on crypto income during the Union Budget

In India

The Government of India has raked up ₹158 crores or $19 million as TDS from its crypto investors, as of 20th March 2025. According to information provided to the Parliament

All You Need to know about Crypto trading taxes in India

In India, TDS on cryptocurrency is applicable if the transaction value exceeds ₹50,000 (or ₹10,000 as appropriate) in a financial year. The TDS rate for

India Crypto Tax Collections Pulls in $19M for Year

TDS on Crypto in India - ClearTax

Indian Crypto Investors Pay $19 Million in Tax For

Indian Tax Authorities Collected Rs

Indian tax authorities collected Rs 158 crore (approx. $19 million) in TDS on the transfer of virtual digital assets (VDA) till March 20, Minister of State for Finance Pankaj Chaudhary told the

India’s 1% TDS on Crypto Transfers Yields $19 Million in 9 Months

India’s Crypto Tax Collection Grosses $19M In FY23: Report

1% TDS On Crypto In India: How It Works & Its Impact On You?

Fred Ehrsam can be reached at [email protected].

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