Vavada Banner
BTC $66,583.00 (-2.18%)
ETH $2,056.27 (-2.10%)
BNB $592.15 (-3.88%)
XRP $1.31 (-2.68%)
SOL $78.98 (-5.16%)
TRX $0.31 (-0.34%)
DOGE $0.09 (-2.68%)
LEO $10.03 (0.00%)
BCH $445.21 (-3.71%)
ADA $0.24 (-2.68%)
HYPE $35.20 (-3.27%)
XMR $331.65 (-0.20%)
LINK $8.56 (-2.82%)
CC $0.14 (-3.30%)
XLM $0.16 (-3.30%)
M $2.48 (+6.50%)
LTC $52.46 (-2.90%)
ZEC $238.69 (-2.55%)
AVAX $8.76 (-2.09%)
HBAR $0.09 (-2.92%)

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
NordVPN Banner