Roobet Banner
BTC $84,710.00 (+2.74%)
ETH $2,515.45 (+3.27%)
BNB $750.80 (+2.01%)
XRP $1.39 (+5.56%)
SOL $109.04 (+3.00%)
TRX $0.33 (+0.63%)
ZEC $1,361.69 (+13.40%)
HYPE $82.09 (+2.96%)
DOGE $0.08 (+3.24%)
XMR $608.34 (-1.00%)
LINK $12.77 (+5.25%)
ADA $0.23 (+4.22%)
LEO $9.04 (+0.05%)
NEAR $5.34 (+9.16%)
RAIN $0.01 (+5.67%)
XLM $0.19 (+4.50%)
BCH $287.77 (+3.93%)
LTC $62.24 (+3.62%)
UNI $7.71 (+4.73%)
CC $0.11 (+7.23%)

Czech Republic vs India

Crypto regulation comparison

Czech Republic

Czech Republic

India

India

Legal
Legal

Cryptocurrency is legal in the Czech Republic with a growing regulatory framework aligned with EU standards. Crypto gains are subject to personal income tax at 15% (or 23% for high earners). A 2024 amendment introduced a tax exemption for crypto held over 3 years, effective from 2025.

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 15-23%
Tax Rate 30%
Exchanges Yes Yes
Exchanges Yes Yes
Mining Yes Yes
Mining Yes Yes
Regulator CNB (Czech National Bank), FAU (Financial Analytical Office)
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
  • Crypto gains taxed at 15% income tax (23% for income above CZK 1,935,552)
  • New exemption from 2025: crypto held over 3 years or gains under CZK 100,000 per year exempt
  • VASPs must register with the FAU (trade licensing office) and comply with AML law
  • MiCA framework applicable from December 2024
  • Prague is a notable European hub for crypto businesses and blockchain development
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