positive
Recently
India's Crypto Exchanges Lead in TDS Collection
Crypto exchanges in India collected Rs 1,100 crore in TDS over three years, led by strong investor activity in Maharashtra.
India’s crypto exchanges have collected Rs 1,100 crore in TDS over three years up to FY25, with Maharashtra contributing 57–60% of this total. Despite regulatory uncertainty, this figure indicates strong regional investor activity, especially in Maharashtra. As the crypto market expands in India, the TDS collection highlights the sector's growing influence, with increased investor engagement despite regulatory challenges. These figures underline the region's importance in the broader crypto ecosystem.