Tax
Crypto Tax Calculator
India's crypto tax is brutal — 30% flat on all gains, no slab benefits, no loss set-off. Plus 1% TDS on every sell transaction. Calculate your exact liability before booking profits.
Inputs
Crypto in India: 30% flat tax + 4% cess. 1% TDS on every sell. No deductions allowed (except cost of acquisition). Losses can't be offset.
Tax breakdown
Crypto tax rules (India)
- • 30% flat tax on all crypto gains (no slab benefits)
- • 4% cess on tax → effective ~31.2%
- • 1% TDS on every sell transaction (Sec 194S) — exchange deducts
- • No loss set-off — crypto losses can't reduce other income or carry forward
- • Gifting crypto: Recipient pays 30% on the gift value
- • Income tax slab doesn't apply — even if total income is below ₹4L, crypto gains taxed at 30%
FAQs
What is the tax on crypto in India?
30% flat tax + 4% cess (effective 31.2%) on all crypto gains. No slab benefit, no deductions, no loss set-off.
What is 1% TDS on crypto?
Section 194S: exchanges deduct 1% TDS on every sell transaction (or transfer). It's an advance tax, adjusted against your final 30% liability when you file ITR.
Can I offset crypto losses?
No. Crypto losses cannot be set off against other income (salary, business, capital gains) and cannot be carried forward to next year. They're effectively wasted.
Are crypto airdrops taxable?
Yes — fair market value at receipt is taxed at 30%. When you later sell, profit over receipt FMV is also taxed at 30%. Double-taxation effectively.
Is staking income taxed differently?
No special treatment. Staking rewards are taxed as crypto income at 30% on FMV at receipt. Subsequent sales also at 30%.