Roobet Banner
BTC $78,119.00 (-1.30%)
ETH $2,470.06 (-0.67%)
BNB $749.61 (+0.73%)
XRP $1.41 (+0.74%)
SOL $102.98 (-1.43%)
TRX $0.34 (+1.12%)
ZEC $1,162.73 (-0.91%)
HYPE $82.87 (-4.97%)
DOGE $0.09 (-0.72%)
RAIN $0.02 (+0.96%)
XMR $501.52 (-6.11%)
LINK $12.46 (-4.23%)
LEO $9.19 (+0.47%)
ADA $0.22 (-0.44%)
XLM $0.19 (-1.83%)
BCH $255.34 (-1.72%)
UNI $6.93 (-2.06%)
LTC $54.78 (-4.26%)
CC $0.10 (-2.95%)
GRAM $1.39 (-1.54%)

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
Roobet Banner