Roobet Banner
BTC $81,374.00 (-3.70%)
ETH $2,383.70 (-4.33%)
BNB $731.00 (-2.31%)
XRP $1.31 (-6.03%)
SOL $103.56 (-4.25%)
TRX $0.33 (-1.07%)
ZEC $1,216.81 (-10.18%)
HYPE $77.47 (-5.34%)
DOGE $0.08 (-5.20%)
XMR $609.06 (-0.87%)
LINK $11.94 (-6.01%)
LEO $8.97 (-0.80%)
ADA $0.21 (-6.97%)
NEAR $4.92 (-7.23%)
XLM $0.18 (-5.09%)
RAIN $0.01 (-6.29%)
BCH $273.94 (-4.69%)
LTC $58.67 (-5.24%)
UNI $7.03 (-7.17%)
CC $0.10 (-10.78%)

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

-