Vavada Banner
BTC $75,410.00 (+4.96%)
ETH $2,376.33 (+6.98%)
XRP $1.38 (+3.18%)
BNB $620.18 (+3.19%)
SOL $86.61 (+4.00%)
TRX $0.32 (+0.46%)
DOGE $0.10 (+4.62%)
HYPE $44.28 (+3.89%)
LEO $10.13 (+0.06%)
ADA $0.25 (+1.86%)
BCH $443.21 (+3.69%)
LINK $9.21 (+4.07%)
XMR $354.69 (+2.77%)
ZEC $365.04 (+1.08%)
CC $0.16 (+4.37%)
XLM $0.16 (+2.87%)
M $2.82 (-2.75%)
LTC $55.05 (+3.62%)
AVAX $9.44 (+2.33%)
RAVE $15.93 (+63.35%)

Angola vs India

Crypto regulation comparison

← Back to map | Angola | India
Angola

Angola

India

India

No Data
Legal

-

India legalized crypto taxation in the 2022 Union Budget, imposing a flat 30% tax on all crypto gains with no deductions for losses. A 1% TDS (Tax Deducted at Source) on crypto transactions above thresholds also applies. The Supreme Court struck down the RBI's 2018 banking ban in 2020, and India is now developing a broader regulatory framework.

Tax Type Unclear
Tax Type Capital gains
Tax Rate N/A
Tax Rate 30%
Exchanges No No
Exchanges Yes Yes
Mining No No
Mining Yes Yes
Regulator -
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules -
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points

-

Key Points
  • Flat 30% tax on all crypto gains with no loss offset against other income (effective April 2022)
  • 1% TDS on crypto transactions above ₹10,000 (₹50,000 for specified persons)
  • Supreme Court struck down RBI's 2018 banking circular banning banks from serving crypto firms
  • FIU-IND requires VASPs to register and comply with PMLA (Prevention of Money Laundering Act)
  • India blocked non-compliant offshore exchanges (Binance, others) in 2024, later some re-registered
Sources

-

Sources
OKX Banner