Crypto trading profits are taxed at 30%; 1% TDS applies on large transactions; report holdings in Schedule FA.
This infographic explains the taxation of cryptocurrency trading on foreign exchanges for Indian residents. All profits are taxed at 30%, with 1% TDS on transactions above ₹50,000. Report crypto income in ITR-2 or ITR-3, and disclose foreign exchange holdings in Schedule FA. Non-compliance can result in penalties under the Black Money Act.