Arnav | Web3 Marketer
3.4K posts

Arnav | Web3 Marketer
@arnavadarsh3
Web3 Content Marketer | Marketing Lead @getkoinx | sunsetted for @cryptovidstudio | ex Marketing Specialist @cointelegraph @sui projects

I'm going to take one for the team here. Going in, will report back.








KoinX Originals | We're Hiring | Season 1 : Ep 1 | (We're Seriously hiring 👇)

Our Year-End Report for Indian Crypto Tax FY 2024–25 is now LIVE. We derived insights from ₹70,000+ Cr in user trading volume. Here Are The Key Highlights: 1) KoinX users alone paid ₹130+ Cr in crypto TDS (over 25% of India’s total). 2) ₹38.52 Cr was over-collected as TDS & had to be refunded to users. 3) Users made ₹2,861 Cr in profits. At 30% tax, that’s ~₹858 Cr in taxes. 4) With no loss adjustment allowed, users ended up owing ~ ₹1,170 Cr in tax. 5) ₹2,039 Cr of crypto losses got no tax relief at all. 1 in 5 traders tried futures, total losses (₹2,742 Cr) exceeded profits (₹2,492 Cr). 6) ₹51,252 Cr (nearly 72% of Indian crypto trading) moved offshore. 7) ₹208 Cr was earned without trading, via airdrops, staking, and rewards. Full Report👇 koinx.com/crypto-tax-ins…













