Maharashtra Leads Crypto TDS Collections as VDA Tax Revenues Jump 41% in FY25

Last updated: 29 December 2025

Maharashtra-based cryptocurrency exchanges contributed the highest tax deducted at source (TDS) on virtual digital asset (VDA) transactions in FY 2024-25, with collections touching ₹293.40 crore, according to finance ministry data. Karnataka followed with ₹133.94 crore, while Gujarat reported ₹28.63

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Category Income Tax   Report

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