India’s 30% Flat Crypto Tax
Since the Finance Act 2022, all cryptocurrency gains in India are taxed at a flat rate of 30% — regardless of your income level or how long you held the asset.
Additional Levies
On top of the 30% base rate, investors may owe surcharge (if income exceeds ₹50 lakh) and a 4% health & education cess.
TDS on Crypto Transactions
A 1% TDS (Tax Deducted at Source) applies to crypto transactions above ₹50,000 (₹10,000 for specified persons).
No Loss Offsetting
Losses from crypto cannot be offset against gains from other assets. Crypto losses can only be carried forward against future crypto gains.