India Collects Rs 437 Crore in Crypto Taxes in FY24

Last updated: 24 July 2025

The government has collected Rs 437.43 crore in income tax from cryptocurrencies and other Virtual Digital Asset (VDA) transactions in FY24, marking a significant 62% jump from Rs 269.09 crore in FY23, the first full year since the VDA tax regime was introduced under Section 115BBH of the Income Tax

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