Crypto Tax Calculator India

30% flat tax + 1% TDS — India crypto tax calculator (Budget 2022)

India Crypto Tax — Budget 2022

  • • 30% flat tax on gains — no deductions except cost of acquisition
  • • 1% TDS on total sale amount above ₹10,000
  • • No loss set-off: crypto losses cannot be set off against any other income
  • • No carry forward of losses to next year

Cost of Acquisition

₹4,00,000.00

Sale Amount

₹7,00,000.00

Gross Gain

+₹3,00,000.00

30% Tax on Gain

₹90,000.00

Flat rate, no slab benefit

1% TDS on Sale

₹7,000.00

Deducted by exchange at source

Net Gain After Tax

₹2,10,000.00

After 30% income tax (TDS is advance tax credit)

Effective Tax Rate

30.0%

30% of gain (fixed)

Total Cash Tax Outflow

₹97,000.00

30% tax + 1% TDS (TDS adjustable against total tax)

TDS deducted by the exchange is advance tax — it gets adjusted when you file ITR. Effective total tax outflow = 30% of gain. Consult a CA for accurate filing.

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Calculated with CalcHub