Crypto Tax Calculator India

India levies a flat 30% tax on all crypto/VDA gains under Section 115BBH, plus 4% health & education cess (effective 31.2%). This applies regardless of your income slab — whether you earn ₹5L or ₹50L, crypto gains are taxed at flat 30%. Additionally, 1% TDS is deducted on crypto transactions above ₹10,000 under Section 194S.

No. Under Section 115BBH, crypto/VDA losses CANNOT be set off against any other income — not even other crypto gains. If you lose ₹5L on Bitcoin and gain ₹3L on Ethereum, you still pay 30% tax on the ₹3L Ethereum gain. Losses also cannot be carried forward to future years. This is the harshest part of India's crypto tax regime.

Under Section 194S, a 1% TDS (Tax Deducted at Source) is applied on all crypto/VDA transfers exceeding ₹10,000 per transaction. This is deducted by the exchange or buyer. The TDS can be claimed as a credit when filing your Income Tax Return (ITR). Note: TDS is on the total transaction value, not just the profit.

No. Under Section 115BBH, the ONLY deduction allowed is the cost of acquisition (purchase price). Transaction fees, exchange commissions, gas fees, internet costs, and hardware expenses CANNOT be deducted from crypto gains. This makes India's crypto tax among the most restrictive globally.

Yes. Tax liability arises on 'transfer' of crypto — which includes selling for INR, exchanging for another crypto, or using crypto for payment. Even crypto-to-crypto swaps are taxable events. You don't need to withdraw to your bank account for tax to apply. Each swap/sale is a separate taxable event.