Crypto Tax Calculator
Enter your crypto gains to see the tax — 30% flat, no loss set-off, 1% TDS on transfers.
Runs entirely in your browser — your numbers never leave this page.
How it works
India's crypto tax (Section 115BBH) is one of the world's harshest:
- Flat 30% + 4% cess on gains — no slab benefit, no indexation, no deductions except cost of acquisition.
- No loss set-off: lose Rs 5L on one coin and gain Rs 5L on another? You pay tax on the full Rs 5L gain. Losses can't even be carried forward.
- 1% TDS (194S): deducted on transfer value above Rs 50k/year (Rs 10k for specified persons) — it's advance tax, claimed in your return.
- Mining: mined crypto taxed at 30% on fair market value; mining costs not deductible.
- Gifts: crypto gifts taxed as income from other sources in the receiver's hands above Rs 50k.
Frequently asked questions
How is crypto taxed in India?
Flat 30% plus 4% cess on gains (31.2% effective) — no slab rates, no deductions, no loss set-off.
Can I set off crypto losses?
No — losses cannot offset gains, other income, or be carried forward. Each profitable transfer is taxed standalone.
What is the 1% TDS on crypto?
1% TDS under section 194S on transfer consideration above Rs 50,000/year (Rs 10,000 for specified persons). It's adjustable against your tax.
Are crypto mining rewards taxed?
Yes — at 30% on fair market value when received; mining expenses (electricity, hardware) are not deductible.
Is gifting crypto taxable?
Yes — in the receiver's hands as income from other sources (above Rs 50,000, with exceptions for relatives).
Do I pay tax if I don't sell?
No — tax triggers on transfer (sale, swap, spend). Holding unrealized gains isn't taxed.
What about crypto-to-crypto swaps?
Taxable — each swap is a transfer; gains are computed in rupee terms at the time of swap.
Can I deduct exchange fees?
No — only the cost of acquisition is deductible. Fees, gas, and subscriptions get no relief.
How do I report crypto in ITR?
Under Schedule VDA in the ITR; TDS credit claimed like any other TDS.
Is the 30% rate ever lower?
No — it applies regardless of holding period or your income slab. Short or long term makes no difference.