According to the Indian Government's current crypto taxation policy, any profits earned from cryptocurrency trading are taxed at a flat 30% rate. This rule applies to profits made from your SIP as well.
For example, if you earn profits on your crypto SIP, you will need to pay a 30% tax on those gains. This tax is part of India’s regulations on crypto investments and is not specific to SunCrypto.
Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. All content provided is for informational purposes only, and shall not be relied upon as financial/investment advice. Opinions shared, if any, are only shared for information and education purposes. Although the best efforts have been made to ensure all information is accurate and up to date, occasionally unintended errors or misprints may occur. We recommend you do your own research or consult an expert before making any investment decision. You may write to us at help@suncrypto.in.