'%3e%3cpath%20fill='%23ffffff'%20d='M%2087.636719%20131.8125%20L%2087.632812%20131.796875%20M%20344.1875%20153.058594%20L%20344.238281%20153.042969%20L%20344.144531%20153.042969%20L%20273.226562%20126.554688%20L%20273.1875%20126.507812%20L%20273.128906%20126.519531%20L%20224.152344%20108.226562%20L%20224.132812%20108.21875%20L%20224.113281%20108.175781%20L%20224.046875%20108.1875%20L%20187.472656%2094.527344%20L%20187.488281%2094.5%20L%20128.769531%20116.429688%20L%2087.625%20131.800781%20L%2030.746094%20153.042969%20L%20104.796875%20180.699219%20L%20107.859375%20181.84375%20L%20150.726562%20197.855469%20L%20187.488281%20211.585938%20L%20229.398438%20195.933594%20L%20267.121094%20181.84375%20L%20276.933594%20178.179688%20L%20344.167969%20153.066406%20L%20344.214844%20153.066406%20L%20344.1875%20153.058594%20'%20fill-opacity='1'%20fill-rule='nonzero'/%3e%3c/g%3e%3cpath%20fill='%23ffffff'%20d='M%20107.859375%20188.507812%20L%20107.859375%20219.835938%20L%20107.863281%20219.835938%20C%20107.863281%20219.859375%20107.859375%20219.882812%20107.859375%20219.910156%20C%20107.859375%20232.941406%20116.6875%20244.746094%20130.972656%20253.316406%20C%20145.398438%20261.976562%20165.390625%20267.34375%20187.488281%20267.34375%20C%20190.335938%20267.34375%20193.144531%20267.25%20195.914062%20267.078125%20L%20195.914062%20267.074219%20C%20217.316406%20265.738281%20236.1875%20259.347656%20249.117188%20249.945312%20C%20260.367188%20241.765625%20267.121094%20231.308594%20267.121094%20219.910156%20C%20267.121094%20219.882812%20267.117188%20219.859375%20267.117188%20219.835938%20L%20267.121094%20219.835938%20L%20267.121094%20188.507812%20L%20187.488281%20218.25%20L%20107.859375%20188.507812%20'%20fill-opacity='1'%20fill-rule='nonzero'/%3e%3cg%20clip-path='url(%236691404858)'%3e%3cpath%20fill='%23ffffff'%20d='M%2092.464844%20259.238281%20L%2092.421875%20258.8125%20L%2089.839844%20231.960938%20L%2089.726562%20230.78125%20L%2088.480469%20217.851562%20L%2089.527344%20217.851562%20L%2089.527344%20203.476562%20C%2090.964844%20202.183594%2091.875%20200.3125%2091.875%20198.222656%20C%2091.875%20197.152344%2091.636719%20196.140625%2091.210938%20195.234375%20C%2090.515625%20193.757812%2089.328125%20192.558594%2087.859375%20191.851562%20L%2087.859375%20174.375%20L%2081.617188%20172.046875%20L%2081.617188%20191.910156%20C%2079.3125%20193.078125%2077.726562%20195.460938%2077.726562%20198.222656%20C%2077.726562%20200.3125%2078.636719%20202.183594%2080.078125%20203.476562%20L%2080.078125%20217.851562%20L%2081.21875%20217.851562%20L%2080.464844%20225.59375%20L%2079.523438%20235.222656%20L%2077.203125%20258.945312%20L%2077.195312%20259.027344%20L%2075.9375%20271.894531%20L%2074.8125%20283.398438%20C%2074.785156%20283.648438%2074.78125%20283.929688%2074.8125%20284.183594%20C%2075.191406%20287.339844%2079.96875%20289.722656%2085.484375%20289.503906%20C%2091%20289.292969%2095.167969%20286.558594%2094.789062%20283.398438%20L%2092.464844%20259.238281%20'%20fill-opacity='1'%20fill-rule='nonzero'/%3e%3c/g%3e%3c/svg%3e)
← Back to GlossaryRegulation (India)Learn more in the Academy →
What is Crypto Tax in India?
क्रिप्टो टैक्स इंडियाIndia taxes cryptocurrency profits at 30% flat rate under Section 115BBH, with an additional 1% TDS on transactions above ₹10,000. Losses cannot be set off against any other income.
Full Explanation
India's crypto taxation framework (effective April 2022): 1) 30% flat tax on profits from Virtual Digital Assets (VDA), with no slab benefit, applied equally regardless of income level. 2) 1% TDS (Tax Deducted at Source) on all crypto transactions above ₹10,000 (₹50,000 for specified persons). 3) No deduction for any expenses except cost of acquisition. 4) Losses from one VDA cannot be set off against gains from another VDA or any other income. 5) Gifts of VDA above ₹50,000 are taxable for the recipient. Report crypto in ITR-2 under "Income from Other Sources" (Schedule VDA).
Example
Buy Bitcoin for ₹1,00,000, sell for ₹1,50,000. Profit = ₹50,000. Tax = ₹15,000 (30%). Plus surcharge and cess. Indian exchanges auto-deduct 1% TDS.