🚨JUST IN : 🇮🇳 The Income Tax department has gathered a sum exceeding ₹700 crore through Tax Deducted at Source (TDS) from activities in both online gaming and crypto trading.

🔘 ₹600 Crore was sourced from the online gaming sector.

🔘 ₹105 Crore was attributed to earnings from crypto trading.

Keep in mind that this TDS amount from crypto represents just 1% of the total, as an additional 30% income tax has been levied on crypto transactions.

#cryptonews #cryptotax