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Cost of crypto asset
Sale consideration
How long held
Capital Gain
—
Sale - Purchase
Tax Rate
—
Flat 30% + cess
Total Tax Payable
—
Including cess

Crypto Tax Breakdown

ComponentValue

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What Is a Crypto Tax Calculator?

A Crypto Tax Calculator computes the tax payable on gains from cryptocurrency and Virtual Digital Assets (VDA) in India. Since Budget 2022, crypto gains are taxed at a flat 30% rate plus 4% cess, with no distinction between short-term and long-term holdings.

Crypto taxation in India is stringent with no indexation benefit and no loss set-off. This calculator helps you understand the tax impact of your crypto trades and plan your exits accordingly.

Crypto Tax Formula

Gain = Sale Price - Purchase Price
Tax = Gain × 30%
Total Tax = Tax + Cess (4% of Tax)
Net Gain = Gain - Total Tax
Gain = Sale - PurchaseTax Rate = Flat 30%No indexation or loss set-off

Frequently Asked Questions

How is crypto taxed in India?
Crypto/VDA (Virtual Digital Assets) are taxed at a flat 30% on gains, plus 4% cess. No distinction between short-term and long-term. No indexation benefit. Losses from one crypto cannot be set off against gains from another.
Can I set off crypto losses?
No. Losses from crypto cannot be set off against any other income (salary, business, capital gains from other assets) or even against gains from other crypto assets. Each transaction is taxed independently at 30%.
Is TDS applicable on crypto transactions?
Yes, 1% TDS is applicable on crypto transactions above specified thresholds (₹50,000 for specified persons, ₹10,000 for others). This TDS is deducted by the exchange and can be claimed as credit while filing ITR.
Do I need to pay tax on crypto-to-crypto trades?
Yes, every crypto-to-crypto trade is considered a transfer and is taxable. For example, trading Bitcoin for Ethereum is a taxable event. You must calculate the gain/loss based on the fair market value in INR at the time of trade.
What records should I maintain for crypto tax?
Maintain records of all transactions: purchase date, sale date, quantity, price in INR, transaction ID, wallet addresses. Keep exchange statements, bank statements showing transfers, and screenshots of trades. This is essential for accurate tax filing.

Found This Useful?

Understand the tax implications of your crypto trades.