You had heard that crypto is just investment or speculation… but now look at it from the government’s earnings perspective – tax collection on crypto and virtual digital assets (VDA) has blown all the wings in the last 3 years! According to data shared by Ministry of Finance in Parliament, crypto exchanges collected tax (TDS) worth ₹221.27 crore in FY 2022–23, ₹362.70 crore in FY 2023–24 and ₹511.83 crore in FY 2024–25. Overall this figure works out to around ₹1,095.80 crore. But the surprising thing is – out of this entire tax, about 60% (about ₹ 661 crore) has come only from the state of Maharashtra! These figures show that crypto is more than just an investment — it has now become a major revenue source for governments. Also, with the 1% TDS rule (Section 194S, 2022), the monitoring and compliance pressure on crypto-transactions has also increased more than before. If you’re investing in crypto — count not just profit, but also “tax-compliance” among your expenses/liabilities. This story is just the beginning — it will be interesting to see what changes next!

Crypto blast! Bitcoin created a new history – a record of $ 112,000+ bitcoin has once again shocked everyone – in July 2025, $ 112,000 (~ ₹ 96 lakh) has touched high touched high. Since the beginning of this year, there has been a tremendous jump of 18% so far, and now people are calling it digital gold. Earlier, which was only the craze of technology-loving people, today every investor wants bitcoin in his portfolio. Big names like Strategy Ink and Gamestop have also entered Crypto. The launch of Bitcoin ETF has also made an easy access to crypto for common investors. Donald Trump’s crypto-support policies and the proposed American Crypto Act have also increased the confidence of the market. Today, in the time of global economic uncertainty, people are looking at bitcoin as a safe hideout – probably not always, but at the moment. Crypto Week starts on 14 July. Are you ready? Have you invested in digital gold? Yes, thinking right now?