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![belizardd Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1485245285924282369.png) defizard [@belizardd](/creator/twitter/belizardd) on x 61.1K followers
Created: 2025-07-17 09:00:47 UTC

X. India

- Crypto is a virtual digital asset (VDA)
- Profits from selling, swapping, or spending VDAs are subject to a flat XX% tax
- A X% TDS (Tax Deducted at Sale) may apply when buying crypto
- This is deducted automatically by Indian exchanges, but for P2P platforms and international exchanges, the buyer is responsible for deducting TDS
- Income Tax of up to XX% may apply to transactions like mining rewards, staking rewards, and airdrops
- Holding, transferring, and receiving some crypto gifts is tax free


XXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1945770646459551774/c:line.svg)

**Related Topics**
[exchanges](/topic/exchanges)
[tax bracket](/topic/tax-bracket)
[virtual](/topic/virtual)
[india](/topic/india)

[Post Link](https://x.com/belizardd/status/1945770646459551774)