OKX Banner
BTC $63,849.00 (+0.00%)
ETH $1,902.18 (-0.90%)
BNB $570.50 (-0.10%)
XRP $1.07 (+0.50%)
SOL $73.39 (-0.60%)
TRX $0.33 (+0.30%)
HYPE $53.78 (-3.40%)
DOGE $0.07 (-1.50%)
RAIN $0.01 (+0.30%)
LEO $9.77 (+0.20%)
ZEC $466.64 (-0.40%)
XMR $352.73 (+3.80%)
LINK $8.28 (-1.70%)
ADA $0.16 (+1.00%)
XLM $0.17 (-1.50%)
CC $0.12 (+0.80%)
BCH $210.32 (-2.30%)
GRAM $1.40 (-3.10%)
LTC $45.09 (-2.50%)
USDG $1.00 (+0.00%)

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