How To Do
Crypto Tax Calculator (India)
Compute the 30% flat tax on virtual digital assets (VDAs) and the 1% TDS under section 194S for FY 2025-26 (AY 2026-27). Schedule VDA-ready totals for your ITR.
Transactions
Add each crypto sale or swap. Cost includes purchase price; sale proceeds are net of exchange fees if you want fees ignored, or enter fees separately.
How crypto is taxed in India (FY 2025-26)
- 30% flat tax on all gains from VDAs under section 115BBH. Holding period doesn't matter — no LTCG/STCG split.
- 1% TDS under section 194S on the gross transfer value if it crosses ₹10,000 in a financial year (₹50,000 for specified persons). Indian exchanges deduct this at source.
- No deductions except cost of acquisition. No mining costs, no infra, no internet.
- Losses cannot be offset or carried forward. A loss on one coin doesn't reduce gains on another.
- 4% cess applies on top of the 30% tax. Surcharge applies if total income crosses ₹50L.
- Schedule VDA reporting in ITR-2 / ITR-3 is mandatory from FY 2025-26. Missing it triggers a ₹200/day penalty per the Feb 2026 budget.
FAQ
What counts as a VDA transfer?
Any sale, swap (crypto-to-crypto), or use of crypto to buy goods/services. Each swap is a taxable event — selling ETH for USDT counts even though you didn't touch INR.
Do I owe tax on transfers between my own wallets?
No. Moving crypto between wallets you own (e.g. exchange to MetaMask) is not a transfer. Document it though — exchanges will report TDS on outgoing transactions and you'll need to reconcile.
How do I claim the 1% TDS already deducted?
The TDS appears in your Form 26AS / AIS. Claim it as a credit against your final 30% tax liability when filing ITR. If TDS exceeds total tax, you get a refund.
What about airdrops, staking, mining?
All taxable. Airdrops and mining rewards are taxed at their fair value on receipt (under "income from other sources" at slab rates), then the 30% rule applies on any subsequent gain when you sell. Staking rewards: same treatment.
Where does this go in my ITR?
Schedule VDA in ITR-2 (capital gains) or ITR-3 (business income, if you trade frequently as your main income). The schedule needs date of acquisition, date of transfer, cost, and consideration per transaction. Use our Income Tax Calculator to add this to your full tax picture.