Crypto Tax Calculator India

Calculate your tax liability according to the latest Indian Income Tax rules for Virtual Digital Assets (VDAs)

30% Flat Tax1% TDS4% Cess IncludedFY 2024-25 Ready

Flat 30% Tax

Applicable on all crypto gains regardless of your income slab or holding period.

1% TDS Rule

Deducted at source on the total sale value for traceability and compliance.

No Loss Set-off

Losses in one asset cannot be offset against gains in another asset in India.

Crypto Tax Calculator India (FY 2024-25)

Trade Details (INR)

Select Cryptocurrency (Optional)

Buy Price (₹)

Sell Price (₹)

Investment Amount (₹)

Note: In India, you cannot set off losses from one crypto asset against gains from another. Each trade is taxed individually. Fees (gas/trading) are generally NOT deductible from the gains for tax purposes.

Tax Breakdown

Enter buy, sell prices and investment amount to see your India-specific tax breakdown.

Mastering Crypto Taxation in India (FY 2024-25)

1. The 30% Flat Tax Rule

Under section 115BBH of the Income Tax Act, any income from the transfer of Virtual Digital Assets (VDAs) is taxed at a flat rate of 30% .

No deduction for any expenditure (other than the cost of acquisition) is allowed.
Gas fees, mining costs, or platform brokerages are NOT deductible.
The tax applies even if your total income is below the basic exemption limit (e.g., ₹2.5 Lakhs).

2. Understanding 1% TDS

Section 194S requires a 1% TDS on the transfer of crypto assets.

• Threshold: Applicable if total transactions exceed ₹50,000 in a year (₹10,000 for non-specified persons).

• Purpose: To trace transactions. You can claim this TDS as a credit when filing your Income Tax Return.

• Exchanges: Indian exchanges (like CoinDCX, WazirX) deduct this automatically. For P2P or international exchanges, the onus might be on the user.

3. How Your Tax is Calculated

Taxable Gain = Sale Price - Buy Price

Income Tax = Taxable Gain × 30%

Cess = Income Tax × 4%

Total Tax = Income Tax + Cess

4. Reporting in ITR (ITR-2/ITR-3)

Indian taxpayers must report crypto income in Schedule VDA . You need to provide details like:

Date of Acquisition: When you bought the asset.

Date of Transfer: When you sold/exchanged the asset.

Cost of Acquisition: Amount paid in INR.

Consideration Received: Sale value in INR.

⚠️ Critical Compliance Notes

• No Set-off: Loss from Bitcoin cannot be used to reduce tax on Ethereum gains.
• No Carry Forward: Losses cannot be carried forward to next year.
• Gift Tax: Receiving crypto as a gift is taxable for the receiver if value exceeds ₹50,000.
• Mining: Mined crypto is taxed at 30% on its total value at the time of receipt.