OKX Banner
BTC $79,990.00 (+2.10%)
ETH $2,503.07 (+1.49%)
BNB $709.77 (+1.62%)
XRP $1.45 (+5.96%)
SOL $108.98 (+13.00%)
TRX $0.34 (+0.65%)
HYPE $85.15 (+6.33%)
ZEC $820.16 (+4.81%)
DOGE $0.09 (+4.34%)
RAIN $0.02 (-0.99%)
LINK $11.89 (+5.74%)
XMR $459.22 (+6.36%)
LEO $9.35 (+1.41%)
ADA $0.21 (+4.67%)
XLM $0.19 (+4.76%)
BCH $269.86 (+3.43%)
CC $0.11 (-3.05%)
GRAM $1.43 (+3.22%)
LTC $49.99 (+0.51%)
HBAR $0.08 (+2.40%)

Bulgaria vs India

Crypto regulation comparison

← Back to map | Bulgaria | India
Bulgaria

Bulgaria

India

India

Legal
Legal

Cryptocurrency is legal in Bulgaria and subject to a flat 10% tax on capital gains, one of the lowest in the EU. Bulgaria adopted the EU's MiCA framework and requires crypto service providers to register. The country has a notable history with crypto due to a large government Bitcoin seizure in 2017.

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 Capital gains
Tax Type Capital gains
Tax Rate 10%
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator NRA (National Revenue Agency), FSC (Financial Supervision Commission)
Regulator CBDT, FIU-IND, SEBI, RBI
Stablecoin Rules Regulated under EU MiCA framework
Stablecoin Rules No specific stablecoin regulation; RBI exploring digital rupee CBDC
Key Points
  • Flat 10% personal income tax rate applies to crypto capital gains
  • VASPs must register with the NRA for AML compliance
  • MiCA framework applicable from December 2024
  • Bulgaria reportedly seized approximately 200,000 BTC in a 2017 crime bust (status debated)
  • No specific crypto legislation beyond EU directives and general tax law
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