Crypto Tax in India

A structured summary of how individual crypto taxation works in India — the tax regime, headline rate, accepted cost-basis methods, exemptions and anti-avoidance rules.

General information generated from our jurisdiction dataset, not tax advice. Rules change — verify with a local professional.

Individual crypto tax — India

General Information

Default Framework

IFRS

Crypto Classification

Intangible Asset, Inventory

Tax Year

Fiscal Year (M3)

Functional Currency

INR

FX Source (Reporting)

RBI

FX Source (Tax)

CBDT

Transaction Rate

Daily Spot

Hyperinflationary

✗ No

Individual Tax — Regime

Tax Regime

Flat Tax

Section 115BBH: 30% flat on ALL VDA gains. No deductions except cost of acquisition. No loss offset. 1% TDS.

Tax Rate

30%

30% flat + 4% cess = 31.2% effective. No deductions. No loss offset against any income.

Individual Tax — Cost Basis

Measurement Basis

Historical Cost

Cost Method

FIFO

Method Electable

✗ No

Permitted Methods

FIFO

Country Override

VDA REGIME

Individual Tax — Exemptions

CGT Exempt

✗ No

Holding Period

—

HP Benefit

—

Annual Exemption

—

Threshold Exemption

—

Individual Tax — Anti-Avoidance

Wash Sale

✗ Off

Same-Day Rule

✗ No

Superficial Loss

✗ No

Loss Restriction

NO OFFSET

Loss Carryforward

0 years

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Is crypto taxed for individuals in India?

India applies a Flat Tax treatment to individual crypto. The table above shows the headline rate, cost-basis method and any exemptions.

Which cost-basis method does India use?

See the cost-basis section above for the default method and the alternatives India permits for individuals.

Other jurisdictions

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