How Much Has the Indian Government Earned from Crypto?

Business

Despite heavy-handed taxation, India has collected modest crypto revenue—largely due to traders shifting offshore and minimal domestic compliance. A think tank report estimates ₹3,500 crore in lost TDS revenue and ₹6,000 crore in uncollected taxes since mid‑2022, while actual collections have only been modest.

The government has answered the question asked in the monsoon session of Parliament regarding the income from the tax imposed on crypto currency and virtual digital assets (crypto tax news). In response, the government told how much it earned from the tax imposed on crypto currency / virtual digital assets.

The monsoon session of Parliament has started. Questions are being answered by the government. In this episode, two MPs of Telugu Desam Party had asked questions related to the tax on crypto currency. The answers to the questions asked by both the MPs were given on Monday 21 July 2025. Minister of State (Finance) Pankaj Chaudhary told in response how much the government earned from the tax imposed on cryptocurrency (crypto tax news).