BTC $67,037.00 (+4.92%)
ETH $1,999.79 (+8.35%)
XRP $1.43 (+6.30%)
BNB $617.97 (+5.44%)
SOL $85.37 (+10.53%)
TRX $0.29 (+1.47%)
DOGE $0.10 (+9.85%)
ADA $0.29 (+11.31%)
BCH $516.96 (+8.30%)
LEO $8.72 (+9.56%)
HYPE $28.09 (+4.71%)
LINK $9.26 (+12.73%)
XMR $339.05 (+3.82%)
CC $0.16 (+0.28%)
XLM $0.16 (+6.39%)
RAIN $0.01 (-1.29%)
LTC $57.41 (+11.78%)
HBAR $0.10 (+6.52%)
ZEC $246.85 (+4.40%)
AVAX $9.47 (+13.55%)

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