𝗖𝗥𝗬𝗣𝗧𝗢 𝗧𝗔𝗫 𝗖𝗢𝗟𝗟𝗘𝗖𝗧𝗜𝗢𝗡 𝗥𝗜𝗦𝗘𝗦 𝗜𝗡 𝗜𝗡𝗗𝗜𝗔 🚨
India’s crypto TDS collection increased by 41% in FY 2024–25.
The government collected ₹511.83 crore,
up from ₹362.70 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?
#CryptoTaxReform $BTC