Mudrex.
Safety facts, TDS and tax for Mudrex users in India.
Incidents
None found in our research. That doesn’t mean there is no risk; keep only what you need on any exchange.
User reports: Wide gap between USDT buy and sell prices. These are recurring community complaints, not verified facts.
Tax for Mudrex users
- Gains from selling or swapping crypto are taxed at 30% plus 4% cess. Losses can’t be set off. Calculate your tax.
- 1% TDS on sales shows in your AIS and Form 26AS. If it’s more than your tax, claim the difference back. Estimate your refund.
- Report every sale in Schedule VDA of ITR-2 or ITR-3. Step-by-step guide.
Frequently asked questions
Is Mudrex registered in India?
Mudrex is listed as registered with FIU-IND, India’s anti-money-laundering regulator. Registration is not a safety guarantee or a licence.
Does Mudrex deduct 1% TDS?
Indian exchanges deduct 1% TDS on the sale value when you sell or swap crypto, above the threshold. It shows in your AIS and Form 26AS and can be claimed in your ITR.
Does Mudrex report to the Income Tax Department?
Platforms serving Indians report crypto transactions and TDS, which appear in your AIS. From 2026, platforms face penalties for failing to report. Assume your trades are visible to the tax department.
How do I get my Mudrex tax report?
Most exchanges offer a trade history or tax statement download in the app or website. Use it with our free CSV tax report tool to prepare Schedule VDA.