Vavada Banner
BTC $71,370.00 (+0.45%)
ETH $2,096.89 (-0.11%)
BNB $659.10 (+0.40%)
XRP $1.42 (+1.06%)
SOL $88.04 (-0.43%)
TRX $0.30 (+1.02%)
DOGE $0.10 (+0.44%)
ADA $0.26 (-0.44%)
BCH $465.02 (+1.10%)
HYPE $38.01 (+2.64%)
LEO $9.07 (-0.06%)
XMR $353.67 (-2.45%)
LINK $9.21 (+1.16%)
CC $0.15 (-1.50%)
XLM $0.17 (+1.84%)
RAIN $0.01 (+0.27%)
LTC $55.20 (-0.86%)
AVAX $9.76 (+0.31%)
HBAR $0.10 (+0.57%)
SUI $1.01 (+1.80%)

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
NordVPN Banner