Crypto Tax Calculator
Calculate tax on crypto (VDA) gains at 30% plus 4% cess. Includes 1% TDS handling. Free, privacy-first — inputs never leave your browser.
Details
Result
Total Tax
₹31,200
Gain
₹1,00,000
Tax @ 30%
₹30,000
Cess @ 4%
₹1,200
Payable (net of TDS)
₹31,200
For estimation only. Not professional financial, tax, or legal advice. Consult a qualified advisor before making decisions. Full disclaimer.
Crypto tax rules in India
Virtual Digital Assets (crypto, NFTs) are taxed at a flat 30% + 4% cess on gains. You cannot deduct any expense except the cost of acquisition. Losses from one VDA cannot be offset against another or any other income. A 1% TDS applies on every transfer above ₹10,000 (₹50,000 for specific categories).
Common questions about Crypto Tax
How is crypto taxed in India?+
All gains from Virtual Digital Assets are taxed at a flat 30% plus 4% cess. You cannot offset losses from one VDA against another or against other income. A 1% TDS applies on transfers above ₹10,000.
What is the 1% TDS on crypto transfers?+
Under Section 194S, a 1% TDS applies on payment for VDA transfer above ₹10,000 per transaction (₹50,000 aggregate per year for specified persons). Indian crypto exchanges (CoinDCX, WazirX) deduct this automatically at the source and deposit to the government. It's credited to your PAN and shows in Form 26AS — claim it against your 30% liability when filing ITR.
Can I offset crypto losses against crypto gains?+
No — this is the harshest aspect of India's crypto tax. Each VDA transaction is assessed individually: profits are taxed at 30%, losses provide zero deduction (not against other crypto gains, not against other income, not carried forward). This means if you made ₹5 lakh on Bitcoin and lost ₹5 lakh on Ethereum in the same year, you still owe 30% on the ₹5 lakh gain (₹1.5 lakh), even though your net is zero.
Are airdrops and staking rewards taxable?+
Yes. Airdrops, mining rewards, and staking rewards are taxable as "income from other sources" at your slab rate on the fair market value at the time of receipt. When you later sell these tokens, the 30% VDA tax applies on any additional gain (selling price minus receipt-date FMV). Effectively you pay slab-rate tax once plus 30% tax on growth.
Do I need to report crypto holdings in my ITR?+
Yes. ITR-2/ITR-3 have a dedicated "Schedule VDA" where you report every buy/sell transaction — date, asset name, cost, sale price, gain/loss. Underreporting can trigger Section 148 reassessment notices for up to 11 years in cases of deliberate concealment. Download your full transaction history CSV from your exchange at year-end. Crypto received as gift above ₹50,000 is also taxable in the recipient's hands.
Is crypto-to-crypto trading taxable?+
Yes. Swapping BTC for ETH is treated as a sale of BTC at fair market value plus a purchase of ETH. You pay 30% on the BTC gain. This makes high-frequency trading extremely expensive in India — each swap triggers a 30% liability on paper gains even if you never convert to rupees. Record every trade in INR value at transaction time.
Can I use Section 54 or LTCG exemption on crypto?+
No. Crypto (VDA) is excluded from the standard capital gains regime entirely. None of the exemptions that apply to property, shares, or mutual funds (Section 54, 54EC, 54F, LTCG ₹1.25L exemption, indexation) are available. The flat 30% + 4% cess is final — no deductions allowed except the cost of acquisition.