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India Collects ₹512 Crore from Crypto TDS in FY 2024-25
In the financial year 2024-25, the Indian government collected approximately ₹512 crore in taxes through TDS on cryptocurrency transactions. This highlights India’s growing regulatory oversight of the crypto market. With increasing crypto adoption, authorities are closely monitoring transactions to ensure compliance and boost revenue, signaling a more structured and transparent future for digital assets in India.
#crypto #cryptonews #India #cryptotax #blockchain #DigitalAssets #TDS. #CryptoUpdate #CryptoMarket
In the financial year 2024-25, the Indian government collected approximately ₹512 crore in taxes through TDS on cryptocurrency transactions. This highlights India’s growing regulatory oversight of the crypto market. With increasing crypto adoption, authorities are closely monitoring transactions to ensure compliance and boost revenue, signaling a more structured and transparent future for digital assets in India.
#crypto #cryptonews #India #cryptotax #blockchain #DigitalAssets #TDS. #CryptoUpdate #CryptoMarket
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