India's digital asset taxation is maturing. For FY 2025-26, the core 30% tax and 1% TDS on VDAs remain, but expect a wider definition of VDAs and mandatory reporting by exchanges. This blog details current rules and what enhanced compliance means for crypto and other new-age investors.

The Indian government has established a clear framework for the taxation of Virtual Digital Assets (VDAs) under the Finance Act 2022. This comprehensive guide covers the flat 30% tax on VDA gains, the 1% TDS on transactions, strict rules regarding loss set-off and carry forward, and other taxable scenarios like mining, staking, and gifts. It also provides a step-by-step approach to filing crypto taxes in India, emphasizing the importance of detailed record-keeping and professional assistance to ensure compliance and avoid penalties.