sanujit majhi pfp
sanujit majhi

@sanujitmajhi

Understanding Crypto Taxation in India 🇮🇳 1️⃣ Spot Trading = VDA (Virtual Digital Asset) Buying/selling crypto on spot markets (like Binance,CoinDCX, etc.) comes under VDA taxation. ➡️ You pay 30% flat tax on profits, no deduction, no loss offset, and 1% TDS on each trade. 2️⃣ Futures & Options = Derivatives If you trade crypto Futures or Options, they are treated as Derivatives, not as VDAs. ✅ These are taxed under business income or capital gains, depending on how you trade. 3️⃣ Taxation on Derivatives If your annual profit > ₹12 lakh 👉 You’ll be taxed according to your normal income tax slab. No fixed 30% rule applies here (unlike spot/VDA). 4️⃣ Example Platform Delta Exchange 🇮🇳 Platforms like Delta Exchange allow Indian users to trade crypto derivatives (F&O). Check this explainer video 🎥: 🔗 youtu.be/jtL6XtNRkV8?si…
0 reply
0 recast
1 reaction