Vavada Banner
BTC $71,768.00 (+0.46%)
ETH $2,193.20 (+0.01%)
XRP $1.34 (+0.14%)
BNB $600.98 (-0.11%)
SOL $83.38 (+1.03%)
TRX $0.32 (+0.89%)
DOGE $0.09 (+0.44%)
HYPE $40.97 (+4.49%)
LEO $10.11 (-0.23%)
ADA $0.25 (-0.24%)
BCH $439.02 (-0.94%)
LINK $8.95 (+1.91%)
XMR $348.47 (+3.85%)
ZEC $380.27 (+19.82%)
CC $0.15 (+2.95%)
XLM $0.15 (+0.19%)
M $2.62 (-1.83%)
LTC $54.51 (+1.04%)
AVAX $9.30 (+1.72%)
HBAR $0.09 (-0.15%)

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