Hello guys, I am from India. I’ve recently started investing in crypto market but recently realised about how TDS and fees deductions work. I also am now aware of 30% tax deduction but i don’t understand at what profits taxes will be deducted. I have also read somewhere that tds tax can be refunded and also I don’t have to pay tax on profit less than 12,500. So lets say if I am earning 10k profit on daily basis will i beexemptedd from paying tax.How the bank will actually tax me and will i save some substantial money if I talk to a Chartered accountant regarding this.Please share whatever you know in this respect.
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