Hi everyone,
I’m based in India and trying to understand the legal ways to manage or reduce crypto taxes under Indian tax laws.
With 30% tax on crypto gains and 1% TDS on transactions, it’s getting confusing to stay compliant while not overpaying.
I’d really appreciate insights on:
• Legal tax planning strategies for crypto in India
• How people are handling 1% TDS practically
• Whether losses, fees, or transfers can be managed efficiently
• Best practices for record-keeping and filing crypto taxes
• Any mistakes to avoid that could cause issues with the IT department
Posted by Regular-Mechanic2348
1 Comment
Man, I sold usdt with an easy Indian and they basically f@&ked me sincerely cause of tax evasion who knew a simple arbitrage would cause such a head pain… we tried everything they got it locked down heavy there and funny fact it’s becoz of their old school banking they refuse to change making it easy for Asian and Chinese gambling establishments to send and launder money through a third world country’s vulnerable youth and elders for money…. Thats the main reason it’s so strict it’s easy to bring in but to let go is another story thanks for your time
Elia, 👋