India's Crypto Tax Deducted at Source (TDS) Detailed Guide 2025
Автор: KoinX - Simplifying Crypto Taxes
Загружено: 2025-06-02
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TDS on Crypto in India Explained: How It Affects Your Crypto Earnings & What You Need to Know
Wondering why your crypto earnings seem lower than expected? It’s probably because of TDS (Tax Deducted at Source) — a lesser-known but important tax rule on crypto transactions in India.
In this video, we’ll break down everything you need to know about TDS on crypto:
🔹 What is TDS and why was it introduced?
🔹 How does the 1% TDS work on every crypto transaction, even if you don’t make a profit?
🔹 Differences between Indian crypto exchanges and foreign exchanges in handling TDS
🔹 Real-world example: Selling Bitcoin worth ₹1 lakh — how ₹1,000 gets deducted before you receive the money
🔹 Who is responsible for deducting and depositing TDS? What happens if you miss it?
🔹 Detailed explanation of penalties under Section 271C and Section 276B — including fines and potential jail time
🔹 Important tips to stay compliant and avoid costly penalties on your crypto trades
Whether you’re new to crypto or have been trading for a while, understanding TDS is crucial to managing your taxes properly and protecting your earnings.
👉 If you trade on an Indian exchange, they handle TDS for you
👉 If you use a foreign exchange, YOU need to deduct and deposit TDS yourself
Ignoring or mishandling TDS can lead to serious consequences — so watch till the end to make sure you don’t miss out on these crucial details!
Got questions about crypto taxes or TDS? Drop them in the comments below — I’ll be happy to help!
If you found this video useful, please LIKE, SHARE, and SUBSCRIBE for more easy-to-understand crypto tax and investment tips.
Visit- www.koinx.com to calculate your crypto taxes seamlessly.
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