Crypto returns + 30% tax India.
Flat 30% + 4% cess. No deductions. 1% TDS on trades above 10K. Losses can't offset.
Flat 30% on profits + 4% cess (effectively 31.2%). Plus 1% TDS on every trade above โน10,000.
No. Crypto losses cannot be offset against any other income, not even other crypto profits.
Yes, but heavily taxed and not legal tender. RBI has its own digital rupee, but private cryptos are allowed for investment.
During ITR filing (July deadline). 1% TDS is auto-deducted by exchanges; the rest you pay during ITR.
Yes โ every trade (even Bitcoin to Ethereum) is a taxable event in India.