Vavada Banner
BTC $68,570.00 (-1.79%)
ETH $2,092.95 (-2.40%)
BNB $604.03 (-0.38%)
XRP $1.31 (-2.66%)
SOL $79.96 (-2.59%)
TRX $0.31 (-0.71%)
DOGE $0.09 (-0.42%)
LEO $10.12 (+0.19%)
ADA $0.24 (-3.71%)
HYPE $36.52 (-1.67%)
BCH $433.83 (-0.93%)
LINK $8.65 (-4.07%)
XMR $327.50 (-0.07%)
CC $0.14 (-0.95%)
XLM $0.16 (-2.13%)
M $2.66 (+0.20%)
ZEC $269.98 (+5.13%)
LTC $53.47 (-1.07%)
HBAR $0.09 (-2.41%)
AVAX $8.64 (-7.61%)

Greenland vs India

Crypto regulation comparison

← Back to map | Greenland | India
Greenland

Greenland

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