🇮🇳 #INDIAN GOVERNMENT COLLECTS ₹1,100 CR IN CRYPTO TDS OVER 3 YEARS
Key Highlights:
• TDS Collections:
FY23: ₹221 cr
FY24: ₹363 cr
FY25: ₹512 cr
Total: ₹1,096 cr
• Maharashtra Leads the Pack:
₹293 cr TDS in FY25 alone — 57% of India’s total crypto gains.
• Exchange Surveys Reveal:
₹39.8 cr in TDS non-compliance
₹125.79 cr in undisclosed income
• Separate Enforcement:
₹888.82 cr in undisclosed crypto income detected.
If these are just the tax numbers… imagine the real market size. 👀🚀