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FY 2025-26
MyTax is an awareness tool only. Always verify with a qualified CA.
Other income
Interest, dividends, gifts, crypto, and everything else.
Interest and investment income
Crypto / VDA
Flat 30% tax on all crypto / VDA gains. No deductions allowed. Losses cannot be offset against other income or carried forward. This is non-negotiable under Indian tax law.
Gifts and settlements received
Gifts from relatives are never taxable, regardless of amount. Gifts from non-relatives above ₹50,000 per year are taxable. Marriage gifts are always tax-free.