Crypto Tax in India — What You Should Know
Updated: June 2026
India taxes cryptocurrency transactions. This is a simple overview to help you understand the basics. It is not tax advice — always confirm with a qualified professional.
Tax on gains
As of writing, profits from transferring virtual digital assets are taxed at a flat rate of 30% (plus applicable surcharge and cess), and losses generally cannot be set off against other income. Rules can change, so verify current rates.
TDS on transactions
A 1% Tax Deducted at Source (TDS) applies to crypto transfers above the prescribed threshold. This is collected at the time of the transaction.
Keep records
Maintain records of your buys, sells, dates, amounts and proofs. Your order history and uploaded proofs help with this.
Frequently asked questions
How much tax do I pay on crypto in India?
As of writing, gains are taxed at a flat 30% plus surcharge and cess, with a 1% TDS on transactions above the threshold. Confirm current rules with a tax professional.
Is this tax advice?
No. This is general educational information only. Please consult a qualified chartered accountant or tax advisor for your situation.
This content is for general information only and is not financial, legal or tax advice. Cryptocurrency trading involves risk.