What is the tax rate on crypto in India for 2024-25?
Flat 30% on profits plus 4% Health & Education Cess, making the effective tax rate 31.2%.
Crypto Tax Calculator India
Calculate your tax liability for FY 2024-25 (AY 2025-26) with the latest 30% flat tax rules.
Crypto Tax Calculator
Based on FY 2024-25 Rules (30% Tax + 4% Cess)
Tax Breakdown
Taxable Profit (Sell − Buy)₹0
Flat Tax (30%)₹0
Cess (4%)₹0
Total Tax Liability₹0
TDS Reference (1%)
₹0
Deducted on sell value. Claimable as refund if tax liability is lower.
Net Profit / Loss
₹0
Post tax and fees
Note on Loss Set-off: According to Section 115BBH, losses from one crypto asset cannot be set off against profits from another. You must calculate tax on each profitable trade independently.
How Crypto Tax Works in India (FY 2024-25)
The Union Budget 2022 introduced a specific tax regime for Virtual Digital Assets (VDAs) under Section 115BBH of the Income Tax Act.
The 30% Flat Rule
Any income from transfer of VDA is taxed at a flat rate of 30% (plus surcharges and cess). No slab rates apply.
No Loss Set-off
Losses cannot be set off against any other income. You cannot even set off loss from Bitcoin against profit from Ethereum.
Crypto Tax FAQs
Can I set off crypto losses against other profits?
No. As per Section 115BBH, losses from one VDA cannot be set off against income from another VDA or any other income source.
Is there TDS on crypto transactions?
Yes, 1% TDS is deducted on the sale value if the transaction exceeds ₹10,000 (or ₹50,000 for specified persons) in a financial year.
Is the cost of mining or hardware deductible?
No. The only allowable deduction is the "cost of acquisition" (buying price). Infrastructure or mining costs cannot be deducted.
Disclaimer
Educational estimate only. Crypto taxation rules may change. Consult a CA or tax advisor for your specific situation. Not affiliated with the Income Tax Department.
Educational tool only. Verify with your tax advisor.