OKX Banner
BTC $75,782.00 (-1.15%)
ETH $2,083.08 (-0.59%)
BNB $652.75 (-0.56%)
XRP $1.33 (-0.47%)
SOL $83.90 (-0.60%)
TRX $0.37 (-0.17%)
DOGE $0.10 (+0.90%)
HYPE $62.10 (+4.15%)
ZEC $574.94 (-6.08%)
LEO $10.06 (+0.70%)
ADA $0.24 (-0.80%)
XMR $394.02 (+3.39%)
RAIN $0.01 (+44.90%)
BCH $343.68 (-1.72%)
LINK $9.39 (-1.34%)
CC $0.16 (-2.27%)
TON $1.90 (+0.36%)
XLM $0.15 (-0.53%)
LTC $52.23 (-0.16%)
SUI $1.00 (-3.44%)

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