India Crypto Tax Calculator
Estimate your India crypto tax under Section 115BBH of the Income Tax Act. Applies the flat 30% tax on gains from Virtual Digital Assets, 4% Health and Education Cess, and the 1% TDS on transfers over Rs 10,000. Works entirely in your browser — your figures stay private.
How India Taxes Crypto Under Section 115BBH
India introduced a dedicated crypto tax regime in the Finance Act 2022. Section 115BBH classifies cryptocurrencies, NFTs, and other blockchain tokens as Virtual Digital Assets (VDAs) and applies a flat 30% tax on income from their transfer, regardless of how long you held them. A 4% Health and Education Cess is added on top of the tax, bringing the effective headline rate to 31.2% (plus applicable surcharge for high earners).
The only deduction allowed is the cost of acquisition. No other expenses — exchange fees, electricity, internet, or mining hardware — can be set off. Losses from one VDA cannot be offset against gains from another VDA or any other income, and they cannot be carried forward to future years.
1% TDS on Crypto Transfers (Section 194S)
Since 1 July 2022, every transfer of a VDA is subject to 1% Tax Deducted at Source (TDS) under Section 194S. The exchange or buyer deducts the TDS at the point of transfer if the cumulative transfer value in a financial year exceeds Rs 10,000 (Rs 50,000 for specified persons like individuals without a business). This TDS is creditable against your final tax liability when you file your Income Tax Return.
Short-Term vs Long-Term Gains in India
Unlike shares or property, holding period does not matter for crypto in India. Whether you hold for 10 days or 10 years, the flat 30% rate applies. This is a departure from general capital gains rules and one reason Indian investors treat VDA positions differently from equities.
What You Need to Report to the Income Tax Department
Crypto income is reported in Schedule VDA of ITR-2 or ITR-3 depending on whether you trade occasionally or as a business. You must list each transaction: date of transfer, date of acquisition, cost, sale consideration, and gain or loss. TDS certificates (Form 26AS or Form 16A) should match your exchange statements. Keep records for at least 6 years after the end of the assessment year.
Last updated: April 2026. Based on Finance Act 2022, CBDT Circular 13/2022, and Section 115BBH. Estimate only — not tax advice.