Delta Exchange does not deduct 30% tax on spot Virtual Digital Asset (VDA) trades.

As per applicable tax regulations, the responsibility to pay 30% tax lies with the user at the time of filing their income tax returns, based on the income generated from spot VDA trading.

This is similar to how capital gains tax works for resident Indians, where the broker or exchange does not deduct capital gains tax at source, and the taxpayer is required to calculate and pay the applicable tax directly to the government.

Important Points to Note:

• Delta Exchange does not auto-deduct 30% tax on spot trades

• Users are responsible for calculating and reporting their trading income

• Applicable taxes must be paid while filing income tax returns

Users are advised to consult a tax professional for accurate tax filing and compliance.

GST on Spot Trading

• 18% GST is applied on the trading fee
  
  

• Automatically deducted
  
  

TDS on Spot Trading

• 1% TDS deducted on sell order value
  
  

• Deducted at source

• Can be claimed while filing income tax returns