Author: Bhavesh Maurya

Indian Crypto investors must report their earnings from Bitcoin, Ethereum, Stablecoins, non-fungible tokens (NFTs), and other virtual digital assets in their income tax returns. The Income Tax Department has made it easy to file ITR-1, ITR-2, ITR-3 and ITR-4 online and offline for the Assessment Year 2026-27. However, in a majority of cases, the taxpayer would be required to have ITR-2 or ITR-3, depending on the type of activity. Here are a few steps to follow:

Crypto Tax in India 2026: 30% VDA Tax, 1% TDS, Schedule VDA Filing Rules and No Loss Set-Off Explained The tax framework for cryptocurrencies in India remains one of the most stringent globally. As of 2026, crypto, NFTs and other Virtual Digital Assets (VDAs) remain taxed at a flat rate of 30%, while many crypto transfers also attract 1% TDS. For investors, the challenge is not only paying tax, but also reporting every transaction in the income tax return. As per the Income Tax Department, VDAs include Crypto assets, NFTs and other digital assets (apart from Indian currency, central bank…

Is Crypto Legal in India in 2026? Tax Rules, RBI Position, FIU Compliance and Investor Guide In India, cryptocurrency is legal to buy, sell, and hold in 2026, but it’s not a legal tender. It implies that investors are allowed to buy, sell, and hold Bitcoin and other digital assets, but not use them to pay salaries, rent, or debt. Under the tax law, crypto is classified as Virtual Digital Assets (VDAs), while exchanges and wallet service providers are monitored under anti-money laundering (AML) rules. Current Legal Status India has not introduced a single comprehensive crypto law yet. There is…

Hardware Wallet vs Software Wallet: Key Differences, Pros, Cons and Which Crypto Wallet Should You Choose The key difference between the two wallets is that a hardware wallet stores your private keys offline on a physical device, while a software wallet keeps them on an internet-connected app. This disparity makes a difference in terms of security, cost, convenience, and longevity of use. What is a Hardware Wallet? A hardware wallet is a physical device used to store private keys separately from the Internet. Popular examples are Ledger, Trezor, Tangem, and Keystone. These wallets can also be referred to as cold…

10 Common Crypto Wallet Mistakes Beginners Should Avoid to Protect Seed Phrases, Private Keys, and Digital Assets Crypto wallets give users direct control over digital assets, but that control also comes with responsibility. In blockchain transactions, unlike bank transfers, once a transaction is made, it cannot be reversed. A single mistake with a seed phrase, fake app, phishing link, or wallet address can lead to permanent loss. The threat is growing with advanced cryptocurrency scams. The FBI’s latest internet crime data reported that cryptocurrency fraud is now the most expensive category of internet fraud, resulting in losses of $7.2 billion.…

WhatsApp Crypto Scam: Gwalior CA Loses Rs. 21.06 Crore After Fake USDT Investment Platform Shows Rs. 33 Crore Profit A WhatsApp message that reportedly began with “Hello, this is Divya speaking” has led to one of India’s largest cryptocurrency investment fraud cases, with a 70-year-old chartered accountant (CA) from Gwalior allegedly losing Rs. 21.06 crore. The victim, Ashok Vijayvargiya, was approached in December 2025 by a person claiming to be an investment adviser. He was encouraged to invest in USDT, a dollar-pegged cryptocurrency, through an online trading platform that later turned out to be fake. How the Scam Worked Police…

Custodial vs Non-Custodial Wallets: Key Differences, Pros, Cons and Which Crypto Wallet Beginners Should Choose Choosing between a custodial and non-custodial wallet is one of the most pivotal choices for digital asset investors. The difference is simple but critical: private keys are held by a third party in a custodial wallet, while in a non-custodial wallet the user controls them directly. This matters as it is not a username or password that determines ownership of a cryptocurrency, but private keys. If someone controls the private key, they control the crypto. As crypto-related crime continues to rise, wallet choice has become…

Best Crypto Wallets for Beginners in 2026: Trust Wallet, MetaMask, Phantom, Ledger and Trezor for Safe Crypto Storage The expansion of crypto adoption has opened a lot of opportunities and new investors are not just investing in Bitcoin and Ethereum. There are now many traders who are holding stablecoins, meme coins, NFTs, gaming tokens, and DeFi assets. So selecting the best crypto wallet for beginners is a crucial choice. A crypto wallet is not a physical wallet that holds coins. It keeps private keys or recovery phrases, which enable users to access assets on the blockchain. For beginners the ideal…

How to Set Up a Crypto Wallet: Step-by-Step Guide for Hosted, Non-Custodial and Hardware Wallets A crypto wallet is essential for anyone who wants to store, send, receive, or manage cryptocurrencies such as Bitcoin and Ethereum. Unlike a physical wallet, there aren’t any physical coins stored in it. The wallet keeps private keys or seed phrases, which enable users to access crypto possessions recorded on a blockchain. Depending on the user’s goal, the appropriate wallet is utilized. The choice of wallet depends on the user experience: beginners might prefer a wallet that is hosted, active DeFi users may go for…

Hot Wallet vs Cold Wallet: Which Crypto Wallet Is More Secure for Trading, DeFi, Long-Term Holding and Private Key Protection? A crypto wallet is a digital wallet used to store, manage, and deal with digital currencies such as Bitcoin and Ethereum. A wallet does not store the actual coins, but rather users’ cryptographic keys, which provide them access to cryptocurrency recorded on a blockchain. Hot and cold wallets both serve to store, transfer, and receive crypto; however, they’re used for distinct purposes. One is for convenience, and the other is for long-term protection. What is a Hot Wallet? A hot…