crypto tax in india

The new tax slab makes it hard to justify small‑scale trading; many are just moving to stablecoins to avoid the paperwork.

I’ve been filing under the “income from other sources” category and it’s a nightmare every April – the forms are confusing and the deadline keeps shifting.

For me, the 30% tax on crypto gains is too steep compared to equities, especially when the market is sideways for months.

If you’re a salaried employee, remember that crypto profits get added to your total income, so you could jump into a higher bracket unexpectedly. cryptocurrency tax in india

The GST on crypto exchanges is another hidden cost that many forget until the final bill arrives.

I switched to a crypto‑focused tax advisor after the 2023 amendment; the fee was worth it because I saved a few lakh rupees on deductions.