According to the Union Finance

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

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

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

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

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

TDS on Crypto in India - ClearTax

Although unregulated

India Crypto Tax Collections Pulls in $19M for Year

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

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

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

Indian Crypto Investors Pay $19 Million in Tax For

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