India Crypto Tax Framework In 2025 With Key Updates And Compliance Requirements
India’s approach to cryptocurrency taxation remains cautious yet firm, balancing the need to regulate a growing asset class with efforts to curb tax evasion. As of May 2025, the taxation of Virtual Digital Assets (VDAs), including cryptocurrencies like Bitcoin and Ethereum, continues to be governed by the Finance Act, 2022. The Union Budget 2025, presented in February, introduced measures to broaden the scope of VDAs and tighten compliance, notably by classifying unreported crypto gains as undisclosed income. This article explores the latest crypto tax rules, their implications for investors, and the steps needed to stay compliant in 2025.
Tax Rates and Deductions
Under Section 115BBH of the Income Tax Act, income from the transfer of…
