OKX Banner
BTC $75,808.00 (-1.00%)
ETH $2,078.24 (-0.79%)
BNB $652.23 (-0.72%)
XRP $1.33 (-0.71%)
SOL $83.94 (-0.32%)
TRX $0.37 (+0.08%)
DOGE $0.10 (+0.86%)
HYPE $61.97 (+3.77%)
ZEC $574.99 (-6.39%)
LEO $10.06 (+0.65%)
ADA $0.24 (-0.43%)
RAIN $0.01 (+44.12%)
XMR $388.46 (+0.75%)
BCH $345.09 (-0.97%)
LINK $9.41 (-0.47%)
CC $0.16 (-2.46%)
TON $1.88 (-0.22%)
XLM $0.15 (-0.66%)
LTC $52.27 (-0.16%)
SUI $1.00 (-2.57%)

Falkland Islands (Malvinas) vs India

Crypto regulation comparison

← Back to map | Falkland Islands (Malvinas) | India
Falkland Islands (Malvinas)

Falkland Islands (Malvinas)

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
OKX Banner