Crypto Tax Calculator India
Calculate 30% flat tax on cryptocurrency gains + 1% TDS on every transfer. Bitcoin, Ethereum & all VDAs covered.
India Crypto Tax Rules (w.e.f. April 2022)
- • 30% flat tax on all crypto gains (no slab benefit) + 4% cess = 31.2% effective
- • 1% TDS (Section 194S) on every transfer above ₹10,000/year
- • No loss offset — crypto loss can't be set off against any income (not even other crypto)
- • No deductions allowed except cost of acquisition
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📊 Tax Summary
📋 Transaction-wise Breakdown
🏦 TDS (1%) Tracker
💡 Smart Tax Tips
📖 India Crypto Tax Rules — Quick Reference
| Parameter | Rule |
|---|---|
| Tax Rate | 30% flat (no slab benefit) — Section 115BBH |
| Cess | 4% Health & Education Cess on tax |
| TDS | 1% on transfer value above ₹10,000/yr (₹50,000 for specified persons) — Section 194S |
| Deductions | Only cost of acquisition allowed. No mining/infra costs, no trading fees. |
| Loss Offset | Not allowed. No set-off against any income. No carry-forward. |
| Gifting | Gift of crypto → Cost of acquisition is NIL → 30% on full sale price |
| Reporting | Schedule VDA in ITR (mandatory if any VDA transactions) |
| VDA Coverage | All crypto, NFTs, and tokens designated by Central Govt |
Frequently Asked Questions
A flat 30% tax (Section 115BBH) is charged on any income from transfer of Virtual Digital Assets (VDAs). Plus 4% cess, making the effective rate 31.2%. Additionally, 1% TDS is deducted on every transfer exceeding thresholds.
No. Losses from one crypto asset cannot be set off against gains from another crypto asset, nor against any other income. There is no carry-forward either. Each transaction is taxed independently.
Yes. Crypto received as airdrop or reward is treated as a gift and taxable under Section 56(2)(x) if total value exceeds ₹50,000 in a year. When you later sell it, the cost of acquisition is NIL, so the entire sale amount is taxed at 30%.
TDS of 1% is deducted on the transfer value. This is adjusted against your total tax liability when filing ITR. If TDS exceeds your tax liability (e.g., you sold at a loss), you can claim a refund by filing your ITR.
Mining income is taxable as business income. However, when you sell the mined crypto, the sale is taxed at 30% under Section 115BBH with NIL cost of acquisition (since mining cost is not "cost of acquisition" per the law). This can lead to double taxation.