BTC $66,290.00 (-1.25%)
ETH $1,924.43 (-2.17%)
XRP $1.39 (-4.64%)
BNB $600.58 (-2.44%)
SOL $80.63 (-1.92%)
TRX $0.28 (+0.51%)
DOGE $0.10 (-3.46%)
BCH $550.03 (-1.23%)
ADA $0.27 (-4.22%)
LEO $8.69 (+1.80%)
HYPE $28.41 (-2.21%)
XMR $328.97 (-2.45%)
LINK $8.43 (-3.34%)
CC $0.16 (-5.54%)
XLM $0.16 (-3.99%)
RAIN $0.01 (-1.30%)
ZEC $259.80 (-7.31%)
HBAR $0.10 (-3.64%)
LTC $51.84 (-4.12%)
AVAX $8.80 (-2.63%)

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