6 July 2025 : New Delhi
Today, there is a major change in cryptocurrency trading in India:
Preparation of new policy: The Government of India is going to issue a new crypto policy paper in July with 107 million users and $6.4 billion markets will be reguiled. As part of its broadband shiftGovernment of India has decided to apply 18% GST on all crypto trading fees.
18% GST applicableFrom 7th July, the Government of India has decided to put 18% GST on all crypto trading fees. It includes spot, futures, copy trading, stacking and algorithmic services.
Pre-Applicable TaxesThis GST will be in addition to 30% of the profit tax and 1% TDS already applicable. This will significantly increase the cost of trading.
Traders concernsSmall investors and traders can now move towards foreign or decentralized exchanges. Bitcoin To Grow 0.24% Today $108,197.04 has reached. Home, Ethereum Increased by 0.37% $At 2,517.58.
