Cryptocurrency / VDA Tax Calculator
Calculate tax on Virtual Digital Assets under Section 115BBH
- Flat 30% tax on gains from VDAs (no slab rates)
- No loss offset — VDA losses cannot be set off against any income (including other VDA gains)
- No deduction for expenses (except cost of acquisition)
- TDS @ 1% on transfers above ₹10,000 (₹50,000 for specified persons) from Jul 2022
- TDS was 0.5% before 1st July 2022 for certain transactions
About Crypto Tax Calculator
The Crypto Tax Calculator computes the tax liability on cryptocurrency gains, income from mining, staking rewards, and crypto-to-crypto transactions. Since the Finance Act 2022, virtual digital assets (VDAs) including cryptocurrencies and NFTs are taxed at a flat 30% rate on gains, with no deduction for expenses other than the cost of acquisition. Additionally, 1% TDS applies on crypto transfers exceeding ₹10,000 (₹50,000 for specified persons) under Section 194S.
India's crypto taxation framework is among the strictest globally — the 30% flat rate applies regardless of your income slab, and losses from one crypto cannot be set off against gains from another. This means each transaction is taxed independently. TDS at 1% is deducted by exchanges on every sell transaction. Our calculator handles all these scenarios, including computing the effective tax rate after surcharge and cess for FY 2026-27.
Key Features
- Flat 30% tax computation on crypto gains
- TDS calculation under Section 194S
- Mining and staking income tax computation
- Surcharge and cess on crypto income
- No set-off warning for loss transactions
Frequently Asked Questions
What is the tax rate on cryptocurrency gains in India?
Cryptocurrency gains in India are taxed at a flat 30% rate (plus surcharge and cess) under Section 115BBH of the Income Tax Act. This rate applies regardless of your income tax slab, meaning even someone in the 5% slab pays 30% on crypto gains. No deduction is allowed for any expense (except cost of acquisition), and losses cannot be set off against other income or carried forward.
Is TDS applicable on cryptocurrency transactions?
Yes, 1% TDS is applicable on transfer of virtual digital assets exceeding ₹10,000 under Section 194S. For specified persons (individuals/HUF with turnover below ₹1 crore or gross receipts below ₹50 lakh), the threshold is ₹50,000. The TDS is deducted by the exchange or the buyer (in P2P transactions) and must be deposited with the government.
Can I set off crypto losses against crypto gains?
No, under Section 115BBH, losses from virtual digital assets cannot be set off against gains from any other VDA or any other income. This means if you make a profit on Bitcoin and a loss on Ethereum, you still pay 30% on the Bitcoin profit without any adjustment for the Ethereum loss. Each transaction is taxed independently on its gains.
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