UNFOLD is the biggest Web 3 tech event organized by CoinDCX and Yourstory to promote the blockchain, web3, and crypto ecosystem among investors, developers, and...
According to the revised Income Tax regulations, the 1% TDS will be applicable with effect from July 1, 2022 onwards on all sell transactions of crypto assets.
Please note: According to the Central Board of Direct Taxes, the exchange itself can deduct the 1% TDS on the net sale transaction and pay it to the government directly.
The information and material contained herein are subject to change without prior notice including prices which may fluctuate based on market demand and supply. The material available on the site is proprietary to CoinDCX, its parent, Licensor and/or its affiliates and is for informational purposes and informed investors only. This material is not: (i) an offer, or solicitation of an offer, to invest in, or to buy or sell, any interests or shares, or to participate in any investment or trading strategy, or (ii) intended to provide accounting, legal, or tax advice, or investment recommendations. Note Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.