OKX Banner
BTC $76,505.00 (-0.67%)
ETH $2,084.57 (-0.43%)
BNB $657.40 (+0.26%)
XRP $1.33 (-0.79%)
SOL $83.86 (-1.12%)
TRX $0.37 (+2.66%)
DOGE $0.10 (-1.26%)
HYPE $58.94 (-4.11%)
ZEC $624.99 (-3.23%)
LEO $10.00 (-0.49%)
ADA $0.24 (-0.46%)
XMR $378.58 (-4.18%)
BCH $344.49 (+0.01%)
LINK $9.36 (-0.16%)
CC $0.16 (-0.37%)
TON $1.90 (+7.01%)
XLM $0.15 (+0.24%)
SUI $1.02 (-0.42%)
LTC $52.10 (-0.87%)
AVAX $9.17 (+0.07%)

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