Are international crypto trades taxed?

Are International Crypto Trades Taxed?

If you are a tax resident of India, you are generally taxed on your global income. So even if you trade on an exchange outside India, gains from selling or swapping crypto are still taxable in India at 30% (plus surcharge and cess). You must report such income in your Indian return. TDS may not be deducted on overseas platforms, so you may need to pay the full tax when you file. Keep records of all overseas trades and convert values to INR for reporting.