India Cryptocurrency Tax: Rules, Rates, and What You Need to Know

When you trade or hold India cryptocurrency tax, the official tax framework imposed by the Indian government on digital asset transactions. Also known as crypto tax India, it treats digital assets as taxable property, not currency. This means every trade, swap, or sale triggers a tax event—even if you didn’t convert to rupees. Unlike many countries, India doesn’t allow you to offset losses against gains. If you bought Bitcoin for ₹5 lakh and sold it for ₹8 lakh, you owe 30% tax on the ₹3 lakh profit—no matter if you lost money on other trades that year.

The capital gains tax crypto India, the specific tax rate applied to profits from selling or exchanging cryptocurrency in India. Also known as cryptocurrency capital gains, it’s fixed at 30% with no indexation benefit, meaning you can’t adjust for inflation. Plus, a 1% TDS (Tax Deducted at Source) applies to every transaction over ₹10,000 on exchanges. This isn’t just for big traders—it hits anyone who buys, sells, or swaps tokens, even on decentralized platforms. If you mine crypto, the value of the coins you receive at the time of mining is treated as income. If you get crypto as payment for services, it’s taxed as business income. Even airdrops and staking rewards are taxable when you receive them, not when you sell.

cryptocurrency regulations India, the legal and compliance framework governing digital asset usage, reporting, and taxation in India. Also known as crypto laws India, it’s enforced by the Income Tax Department and linked to your PAN card. Exchanges like WazirX and CoinSwitch report user data directly to the government. You must keep records of every transaction: date, amount, type, wallet addresses, and exchange used. Failure to report can lead to penalties, interest, or even legal action under the Income Tax Act. The government doesn’t ban crypto—it just taxes it heavily and tracks it closely. That’s why many Indian traders use foreign exchanges. But even then, if you’re an Indian resident, you still owe taxes on global crypto gains. There’s no loophole here.

What about NFTs? They’re taxed the same as crypto. Sell an NFT for more than you paid? 30% tax. Buy one with ETH? That’s a taxable event too. Even gifting crypto to family members triggers tax for the recipient. The rules are strict, but they’re not vague. You know exactly what you owe.

You’ll find real stories below—how traders handled their 2023 filings, why some miners moved offshore, and how people are still using crypto despite the tax burden. Some of these posts cover specific tokens like BRISE or WIN, but the tax rules apply the same way to all of them. Whether you’re holding Bitcoin, trading on a DEX, or just wondering if your last swap was taxable, this collection gives you the facts—not the fluff.

Asher Draycott
Nov
14

Non-Resident Indians and Crypto Taxes: No Exemptions, Just Rules

Non-Resident Indians face no crypto tax exemptions in India-just a flat 30% tax, mandatory TDS, and strict residency rules. Learn how the 2025 updates affect your crypto gains and what you must do to stay compliant.