Vavada Banner
BTC $71,305.00 (+0.67%)
ETH $2,096.13 (+0.06%)
BNB $657.63 (+0.16%)
XRP $1.41 (+0.89%)
SOL $88.08 (-0.14%)
TRX $0.30 (+1.34%)
DOGE $0.10 (+0.60%)
ADA $0.26 (-0.69%)
BCH $465.18 (+1.08%)
HYPE $37.91 (+3.12%)
LEO $9.07 (-0.08%)
XMR $354.54 (-2.02%)
LINK $9.19 (+1.10%)
CC $0.15 (-1.53%)
XLM $0.17 (+1.63%)
RAIN $0.01 (-0.50%)
LTC $55.09 (-0.74%)
AVAX $9.74 (+0.40%)
HBAR $0.09 (-0.15%)
SUI $1.01 (+1.57%)

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
NordVPN Banner