Roobet Banner
BTC $81,280.00 (-3.57%)
ETH $2,380.61 (-4.53%)
BNB $730.43 (-2.32%)
XRP $1.31 (-5.22%)
SOL $103.36 (-4.11%)
TRX $0.33 (-1.29%)
ZEC $1,215.22 (-9.78%)
HYPE $77.58 (-4.85%)
DOGE $0.08 (-5.10%)
XMR $608.66 (-0.08%)
LINK $11.94 (-5.71%)
LEO $8.98 (-0.68%)
ADA $0.21 (-6.78%)
NEAR $4.89 (-7.54%)
XLM $0.18 (-4.58%)
RAIN $0.01 (-6.36%)
BCH $273.95 (-4.37%)
LTC $58.33 (-5.53%)
UNI $7.02 (-7.74%)
CC $0.10 (-8.37%)

Burundi vs India

Crypto regulation comparison

← Back to map | Burundi | India
Burundi

Burundi

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
Roobet Banner