LatestIncome Tax 26 September 2026
India's 2025 Tax Act: Crypto VDA, TDS & ITR Rules
The Income Tax Act 2025 reorganises India’s crypto tax regime without overhauling the basic tax treatment. It introduces specific provisions for Virtual Digital Assets (VDA), revises the Tax Deducted at Source (TDS) rate for crypto transactions, and updates the filing requirements for individuals and entities holding crypto. Investors must now report VDA holdings, adjust to the new TDS threshold, and follow the revised ITR filing schedule to stay compliant.
Key changes under the Income Tax Act 2025
- Virtual Digital Assets (VDA): Crypto holdings are now classified as VDA, requiring explicit reporting on tax returns.
- TDS revision: The TDS rate on crypto transactions has been adjusted, impacting the amount deducted at source for each trade.
- ITR filing updates: New filing timelines and documentation norms are introduced for individuals and firms dealing with crypto assets.
For a detailed breakdown, see the full article here.
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