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Crypto India|Feb 01, 2025 09:37
🚨IMP Crypto Tax & Reporting Changes in India's Finance Bill 2025 🇮🇳
🔳Crypto is now officially recognized as a "virtual digital asset" in tax laws.
🔳Crypto holdings found during tax searches can be treated as hidden income starting February 2025.
🔳Starting April 2026, businesses must report crypto transactions to tax authorities, with a 30-day window to fix mistakes.
📢 TL;DR: The government will treat crypto like secret piggy banks—if you stash money in them, they’ll check where it came from to prevent misuse.
#UnionBudget2025
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