Calculate your cryptocurrency tax liability in India
Tax = (Selling Price - Cost Price) × 30% + Cess
Calculates the 30% flat tax on virtual digital assets (VDA) gains in India, plus applicable cess and TDS implications.
Cryptocurrency is taxed at a flat 30% rate in India, plus 4% cess. There are no slab benefits - even if you're in a lower tax bracket, crypto gains are taxed at 30%.
A 1% TDS (Tax Deducted at Source) is applicable on crypto transactions above ₹50,000 per year (₹10,000 for non-KYC users). This is deducted at the time of sale and can be claimed back when filing returns.
No. Crypto losses cannot be offset against other income or even other crypto gains. Each transaction is taxed independently. Losses also cannot be carried forward to future years.
Yes. NFTs are classified as Virtual Digital Assets (VDAs) and are subject to the same 30% tax rate as cryptocurrencies.