Vavada Banner
BTC $71,688.00 (+4.88%)
ETH $2,247.66 (+7.63%)
XRP $1.38 (+5.41%)
BNB $612.28 (+2.48%)
SOL $84.47 (+6.60%)
TRX $0.32 (+1.01%)
DOGE $0.09 (+4.10%)
ADA $0.26 (+6.39%)
HYPE $39.28 (+7.94%)
LEO $10.12 (+0.10%)
BCH $445.59 (+3.14%)
LINK $9.18 (+5.72%)
XMR $341.12 (+3.76%)
CC $0.14 (-2.66%)
ZEC $330.47 (+24.61%)
XLM $0.16 (+4.57%)
M $2.64 (+2.55%)
LTC $55.03 (+3.40%)
AVAX $9.30 (+7.72%)
HBAR $0.09 (+6.24%)

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