Bitcoin Reclaims $96,000 as Indian Exchanges See Volume Spike Ahead of Budget
Source: Arth Vani
Arth Insight · What this means for your wallet
- You'll pay a 30% tax on any profit you make from selling crypto.
- A 1% tax (TDS) will be deducted on every crypto transaction you make, even if you don't make a profit.
- Increased activity might mean more opportunities, but the high taxes significantly reduce your potential net earnings.
Crypto sentiment turned risk-on globally, with Indian traders increasing activity even as the 30% tax and 1% TDS regime continues to shape participation.
- ▸BTC reclaims $96K level
- ▸Indian exchange volumes up sharply
- ▸30% tax + 1% TDS regime in focus
- ▸Investors await Budget clarity on VDAs
Crypto sentiment turned risk-on globally, with Indian traders increasing activity even as the 30% tax and 1% TDS regime continues to shape participation.
The development marks a significant shift in how Indian investors and institutions are positioning themselves for the coming quarters. Analysts tracking the sector note that liquidity, policy direction and global cues will remain the dominant themes. Retail participation has continued to deepen, with SIP inflows and demat account additions sustaining their multi-year uptrend.
Market participants will closely watch upcoming data prints, corporate earnings and commentary from regulators. For long-term investors, experts reiterate the importance of asset allocation, diversification and staying invested through volatility rather than attempting to time the market.
Arth Vani will continue to track this story and bring you verified, jargon-free updates as they develop. Readers are reminded that the information here is for educational purposes and not a recommendation to buy or sell any security.
Crypto assets / VDAs are unregulated in India and highly volatile — you may lose your entire capital, and gains are taxed. Some listings may be sponsored. Not investment advice.
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