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Indian Govt collects ₹1,100 Cr from Crypto TDS in just 3 years • TDS inflow keeps rising: FY23 ₹221cr → FY24 ₹363cr → FY25 ₹512cr (Total: ₹1,096cr) • Maharashtra is the hotspot, with ₹293cr TDS in FY25 alone, capturing 57% of India’s reported crypto gains. • Surveys on exchanges reveal ₹39.8cr TDS non-compliance + ₹125.79cr undisclosed income. • Another probe flags ₹888.82cr in hidden crypto income across users. If this is the tax number, imagine how massive India’s actual crypto market really is 🚀
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🔥 Many new traders jump into forex without knowing what is actually legal in India. #RBI and #SEBI allow trading only in INR pairs USD/INR, EUR/INR, GBP/INR, JPY/INR. ❌ Non-INR pairs are not permitted for Indian residents, even on foreign platforms.
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JUST IN: Amazon will invest $35B in India and is set to create one million jobs by 2030
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Indian government launches specialised crypto enforcement training Officers are now equipped with blockchain analysis and digital forensics skills to trace black-money movements in crypto
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BREAKING: MP Dr. K. Laxman calls on the government to introduce clear crypto and Web3 regulations as the country faces a growing drain of innovation and talent
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