India Pays Up Over 19 Million Through Tds On Crypto

Last updated: June 9, 2025, 20:13

India Pays Up Over 19 Million Through Tds On Crypto

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

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

TDS on Crypto in India - ClearTax

India

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 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

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

Indian tax authorities collected Rs

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 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

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India Crypto Tax Collections Pulls in $19M for Year