Vavada Banner
BTC $76,717.00 (+1.95%)
ETH $2,386.30 (+1.78%)
XRP $1.46 (+1.01%)
BNB $638.41 (+1.39%)
SOL $87.79 (-0.94%)
TRX $0.33 (+0.87%)
DOGE $0.10 (-0.30%)
HYPE $44.54 (+1.72%)
ADA $0.26 (-0.18%)
LEO $10.09 (-0.52%)
BCH $452.76 (+0.64%)
M $4.43 (+17.62%)
LINK $9.53 (+0.43%)
XMR $347.67 (-0.24%)
RAVE $25.23 (+31.96%)
XLM $0.17 (+3.69%)
CC $0.15 (-1.18%)
ZEC $333.11 (-0.45%)
LTC $56.36 (+0.67%)
AVAX $9.60 (-0.38%)

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