How to avoid crypto taxes?

[Vihaan97]

Hi
Cryptocurrencies are becoming more and more popular in the present market, so I have a question related to their taxations.

Suppose I invested 1500 and earned 1000 profit after selling the crypto and I didn’t withdraw the amount and kept it in the crypto exchange account, still I have to pay 30% tax? Is there any way to avoid this tax?

[Ritika]

The Indian Income Tax Department clearly states that you must pay a 30% tax on cryptocurrency profits. There is no other way to avoid this tax.