Roobet Banner
BTC $82,675.00 (+0.73%)
ETH $2,442.69 (+1.21%)
BNB $739.72 (+1.33%)
XRP $1.33 (+2.05%)
SOL $105.83 (+0.48%)
TRX $0.33 (-0.19%)
ZEC $1,259.71 (+9.56%)
HYPE $81.09 (+1.81%)
DOGE $0.08 (+2.03%)
XMR $574.98 (-4.80%)
LINK $12.32 (+1.83%)
ADA $0.22 (+1.87%)
LEO $9.04 (+0.31%)
RAIN $0.01 (+9.38%)
NEAR $5.03 (+3.43%)
XLM $0.18 (+1.94%)
BCH $284.45 (+1.37%)
LTC $61.43 (+2.71%)
UNI $7.54 (+3.13%)
AVAX $9.70 (+0.90%)

Burundi vs India

Crypto regulation comparison

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

-