๐๐ฅ๐ฌ๐ฃ๐ง๐ข ๐ง๐๐ซ ๐๐ข๐๐๐๐๐ง๐๐ข๐ก ๐ฅ๐๐ฆ๐๐ฆ ๐๐ก ๐๐ก๐๐๐ ๐จ
Indiaโs crypto TDS collection increased by 41% in FY 2024โ25.
The government collected โน511.83 crore,
up from โน362.70 crore last year.
This means more crypto trading is happening and transactions are being tracked more closely.
Exchanges are reporting more data, leading to higher tax collection.
The message is clear, crypto activity in India is growing, and tax rules are being strictly followed.
Is this good for crypto adoption in India, or tough for traders?