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India Collects 10.96 Billion Rupees in Crypto TDS, Maharashtra Leads with 60%

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India collected 10.96 billion rupees in crypto TDS during the 2023–2025 fiscal years, with Maharashtra contributing 60% of the total. Over 10 billion rupees in undisclosed crypto income was also uncovered, reflecting heightened regulatory focus. Despite 2022 tax rules, crypto activity remains strong. Virtual asset service providers must now register with FIU-IND, aligning with global efforts like MiCA to boost transparency and CFT measures.
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