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What is 1% TDS on Crypto & How will it Impact Investors? | Crypto Tax India

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Today Head of Finance at CoinDCX – Vinay Tiwari will be answering frequently asked questions on 1% TDS on Crypto in India. 📝

What is TDS?
Tax Deducted at Source (TDS) was introduced with an aim to collect tax from the very source of income, by the government.

1% TDS on Crypto Explained 🔎

According to the revised Income Tax regulations, the 1% TDS will be applicable with effect from July 01, 2022, onwards on all sell transactions of crypto assets and NFTs. However, this amount may be claimed as a refund while filing ITR for the financial year if income tax payable is less than the TDS deducted.

📱Download CoinDCX app today:

Is 1% TDS on Crypto Mandatory?

Yes, as per revised Income Tax regulations, the TDS of 1% will be applicable with effect from July 01, 2022, onwards on ALL SELL TRANSACTIONS OF CRYPTO ASSETS AND NFTS. However, this amount may be adjusted or claimed as a refund while filing ITR for the financial year.

How will 1% TDS on Crypto in India impact investors?

If a crypto investor invests INR 1,00,000 at the beginning of FY2022, and by the end of FY2022, the crypto was sold for INR 1,50,000, a TDS of 1% will be applicable on the total value of the transaction i.e. Rs. 1% of INR 1,50,000 which is INR 1,500. This shall be deducted by the exchange/ CoinDCX against the PAN details of the seller and deposited to the Government on behalf of the seller.

Who will deduct 1% TDS investor or crypto exchange?

The 1% TDS is to be deducted from the sum payable on the sell value of crypto assets belonging to them. The exchange shall deduct the TDS before making payment to a user for selling any crypto asset.

#crypto #tax #tds #tdsoncrypto

0:00 – 1% TDS on Crypto?
0:30 – What is TDS?
0:44 – Budget 2022 on 1% TDS
1:02 – TDS on Payments
1:27 – TDS on Crypto
1:56 – Who will be liable to pay 30% Crypto Tax
2:18 – Is KYC mandatory on CoinDCX?
2:31 – When will the 1% TDS Apply?
2:44 – Is 1% TDS Applicable on all Crypto Transactions?
2:59 – How to check your 1% TDS Deductions on Crypto?
3:22 – Is TDS Applicable on CoinDCX CIP, Earn, & Referral
3:55 – 1% TDS on Crypto Trade in CoinDCX Pro App
4:20 – 1% TDS on Crypto to Crypto Pairs
4:51 – How will TDS be computed in case of Margin Long?
5:35 – Can you avoid 1%TDS on Crypto?
5:52 – Conclusion

►To know more about crypto tax in India, read our detailed Crypto Taxation Guide:👇

► 1% Crypto TDS Guide with Infographics

About CoinDCX:

Trusted by 1 Crore+ Indians, CoinDCX is a simple and safe crypto investment app to buy Bitcoin, Ethereum, Shiba, Dogecoin, Solana and many more. Our content revolves around crypto basics, crypto coins guide, comparison of top cryptos, industry trends, product features/updates, crypto price analysis, live AMA sessions, learn and earn contests.

So are you ready to take a step forward in your crypto investment journey with CoinDCX? Subscribe to our channel.

CoinDCX does not intend to provide any sort of financial advice and this YouTube channel is for informative and educational purposes only.

Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. You may write to

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Prαтαp Dewαɴɢαɴ says:

Tds is more impact on indian exchange

rishi Sabnani says:

Crypto loss will be set off?
Nhi hoga na set off
Bas to fir
Falto ki laws bana diye

dilapna punjabi says:

India is becoming worst country day by day.

Broke_age! vlogs says:

Scam2.0 hai …. ponzii done by coindcx (they locked crypto asset way before june so we can't transfer our asset to cold wallet …. becoz of them now i have to pay Tds & 0.2 fees why tho???? wtf!!!! Tbh today i already deleted my coindcx account !!!! End of indian exchange is here for some time being!

abdur sk says:

Sir jo mera profit hoga o govt ko kaise pata chalega yea app log data store karke rakho gi please replay🙏

bhupesh dewangan says:

5:15 future trading wala to suicide kar lega aise me to, pura barbad kar ke rkh diya is nirmala budhia ne.

Abhishek says:

are bhai BTC Wallet Unlock kro kb se maintenances pe hai

Roll Out says:

CoinDCX पे Crypto के rates इतने high क्यों हैं?
बाकी exchanges पे rates कम हैं।

sriansh kumar 3c says:

Future trade me bhi tds language hoga kya

Zia Qadri says:

Gov't ne nihayat galat faisla kiya hai TDS laga kar….
Exchange dwara TDS kaatne se behtar tha ki direct TAX le lete har transactions profit par jisse Crypto trader's ko bht asaani hoti trade karne me aur gov't ko bhi TAX pahonchta rahta….

TDS laga kar crypto trader's ko uljhakar rakh diya hai…
Gov't sirf apna bhala chahti hai public ka nhi……

Jab padhe-likhe Jaahil satta pe honge to Aisi hi ummeed lagai ja sakti hai.

Desh ko padhe-likhe Qabil ki zarurat hai satta chalane ke liye…

Pushpraj Yadav says:

TDS refund ?

360HACKS says:

bhai aap lo apni exchange band kardo bass , me ye faltu tax nahi dene wala

aur sabhi bando se bolna chahta hu ki wo binance and international exchanges use kariye plzz taaki tds ya koi bhi faltu tax naa dena pare

Tanuj Borkar says:

Reduce tds 🙏

Colton Haynes says:

I totally agree with what you are saying….The fact is, BTC is the future of crypto and the questions traders ask themselves now if this is right time to invest? before jumping into conclusion i think you should take a look at things first. for the past few days the price of BTC has been fluctuating which means the market is currently unstable and you cant tell if it is going bearish or bullish. while others still continue to trade without the fear of making lose, others are being patient. it all depends on the pattern with which you trade and also the source of your signals. i would say trading has been going smoothly for me, i started with 2.5 BTC and i have accumulated over 11.6 BTC in just faw weeks, with the trading strategy given to me by expert trader Mason Kwon.

Big earn says:

Upi deposit available karo sir. Kyunki net banking mein problem hoti hai

Dniz Cr7dol says:

TDS refund hoga

Afzal Khan says:

There is no liquidity in INR pair.
Orders take very long time to get fulfilled. Very annoying experience,
Charts are extremely poor in INR pair, Not able to use any strategy bcoz of poor charts,
Crypto/ Crypto pair was good, but Cannot pay 1% TDS twice,
TDS is killing our day trading.
Kindly do something, otherwise we have no choice but leaving the crypto market.
QUIT CRYPTO is only option.
Plssss do something

All Rounder says:

Background Music is Annoying

M TUBE says:

UPI diposit kab se start hoga

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