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Budget 2026 & crypto taxes: what just happened, and what it means for you 🧵
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Punit Agarwal
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Punit Agarwal
@a__punit
Founder - @getkoinx | ex-CEO @cryptorelief_ | Views are personal
India Katılım Ocak 2014
886 Takip Edilen3K Takipçiler
Punit Agarwal retweetledi
⏳ Only 9 days left until the July 31 ITR deadline.
If you’ve traded or invested in crypto this financial year, make sure you’ve got these 4 things ready before filing your ITR.
Knowledge Partner: @getkoinx
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@SAMIMSMR @simplykashif @CoinSwitch This is what you and I think. There’s actual notice on this same basis.
And even after explaining it to officer multiple times, he didn’t accept the fact.
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@a__punit @simplykashif @CoinSwitch A P2P Username Is A Unique Display Name, Not A Legal Identity. No Income Tax Demand Can Be Based Solely On A Username-Bank Name Difference. Assessments Are Based On Documentary Evidence, Not Display Names.
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A 7 lakh crypto tax notice was settled for under 20 thousand.
Discuss with @a__punit (Punit Agarawal) on @CoinSwitch podcast.
FULL VIDEO👇
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@SAMIMSMR @simplykashif @CoinSwitch Read detailed case here - x.com/a__punit/statu…
Notice copy bhi hai mere paas, batao kya doge and dikhata hun poora notice.
Punit Agarwal@a__punit
🚨 Imagine making a crypto profit of just ₹1,500 and you owe ₹78,000 taxes! Sounds impossible? I had a similar reaction when I looked at the Income Tax Notice of Rakesh (name changed). 🧵
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@simplykashif @a__punit @CoinSwitch @a__punit Chitiya Mat Bana??? Aba Exchange Pa Profile Pa Saf Saf KYC Name Dekta Kaisa Proof Karaga Matlab???? Or Aisa Kiska Notice Aiya Thoda Muja Uska Number Daba Uska!!
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Punit Agarwal retweetledi
Yesterday we captured most doubtful topics of Crypto Universe to Indian People. Crypto tax calculation and filings process .
So please connected ,episode coming soon .. 👀 thank team @getkoinx and @a__punit
#cryptotax #ITR
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31 July is closer than it feels. If you touched crypto last financial year, don't file blind.
Live with @officialmudrex tomorrow, 6 PM.
Taxes, mistakes to avoid, what to keep ready. See you there.
Mudrex: India's go-to Crypto Trading Platform@officialmudrex
📢 Bought, sold, or swapped crypto this year? Don't file your ITR without watching this. Join us tomorrow (15 July) at 6 PM for a live webinar with @getkoinx We'll cover: ✅ How crypto is taxed ✅ Common filing mistakes to avoid ✅ What you need before the 31 July ITR deadline Plus, we'll answer your questions live during the Q&A. See you at 6 PM tomorrow. Link: youtube.com/live/SwAjFgm-a…
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Punit Agarwal retweetledi
I left @getkoinx more than 6 months ago, but still if I have to trust someone with my Crypto Taxation I will only go with KoinX!
There's nothing better in India, and the team is goated.
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It was really fun to meet our industry OGs @Moneygurudigi @Btcexpertindia @CryptoKingKeyur @nirajhodler
Hamara milne ka style thoda alag hai hahahaha
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Punit Agarwal retweetledi
Crypto tax filing doesn’t have to be complicated. 🙌
Knowledge partner- KoinX
#Coindcx #Koinx #crypto #cryptotax
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Punit Agarwal retweetledi
I’m speaking here now. Join to know more about tax rules, mistakes and risks.
x.com/i/spaces/1qGvv…
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Punit Agarwal retweetledi
Crypto banned in India? Or just heavily taxed?
Punit Agarwal, Founder at KoinX, is going live on X Space 11th July, 5 PM IST.
The tax rules. The risks. The real answers.
If you hold crypto in India, this one's for you.
🔔 Set a reminder: x.com/i/spaces/1qGvv…
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Punit Agarwal retweetledi
Taiwan just rewrote the rules for crypto. Not a patch.
Not an update. A full overhaul.
The Legislative Yuan passed the Virtual Asset Service Act on June 30, and it changes everything about how exchanges, custodians, and stablecoin issuers operate.
Here's what's inside 👇
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There is one reliable way to pay ZERO tax on crypto that the government doesn't want you to know.
Hundreds of our clients use this strategy every year.
🧵Here's how to do it 👇
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@CryptoTaxSucks Unfortunately, that wouldn’t work in India.
In India, you cannot offset loss trades with profit trades in crypto 😭
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Punit Agarwal retweetledi
🇮🇳 India's Parliamentary Standing Committee on Finance held its 7th meeting on crypto today, with representatives from RBI and ICAI in attendance.
Committee chairman Bhartruhari Mahtab stated that RBI did not recommend granting cryptocurrencies legal status in the country.
Video courtesy: @ANI
#KoinX #CryptoIndia #CryptoUpdatesIndia #IndianCrypto
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Punit Agarwal retweetledi
A missed compliance step today can become a tax notice tomorrow!
#KoinX #CryptoTax #CryptoTaxesInIndia #P2PCrypto #IndianCryptoMarket #CryptoIndia #Binance📷 #IndianCrypto #CryptoMarket #CryptoPayments #CryptoUpdates
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Trading is just the beginning. Trust is built through compliance.
Proud that @getkoinx is partnering with ZebPay to make crypto tax reporting and ITR filing simple, accurate, and accessible for Indian users.
Thanks to @rk_karkara and the entire @zebpay team, we’re just getting started. 🚀
ravi karkara@rk_karkara
Crypto adoption doesn't stop at trading. It extends to everything that comes after! I'm happy to share that @Zebpay has partnered with @getkoinx to simplify crypto tax filing for users in India. For many crypto investors, tax compliance can often feel complicated and time-consuming. Through this partnership, ZebPay users can seamlessly calculate their gains and losses, generate tax reports, and file their ITR directly from the app. And because partnerships should deliver tangible value, we've arranged an exclusive KoinX offer for ZebPay users. (Details in the comments) A big thank you to everyone who worked behind the scenes to make this happen, especially @a__punit , Guna Shekar Proddaturi, Suman Agrawal, and the teams at ZebPay and KoinX for bringing this partnership to life. More Details: thehindubusinessline.com/money-and-bank… #ZebPay #KoinX #CryptoTax #CryptoIndia #Blockchain #Compliance #Fintech #Partnerships
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