🔍 vs Google
Crypto Tax Calculator vs Google — India 30% Tax, 1% TDS
Quick Answer
Google Calculator cannot compute Indian crypto tax. Under India's Budget 2022 rules, crypto gains are taxed at a flat 30% (plus 4% cess = 31.2%), with 1% TDS on each transaction, no deduction except cost of acquisition, and no offset of losses from one crypto against another. CalcCrack Crypto Tax Calculator applies all these rules correctly.Why CalcCrack beats Google Calculator
- ✓30% flat tax + 4% cess = 31.2% effective rate — automatically applied
- ✓1% TDS calculation on each transaction — shows TDS to be deducted by exchange
- ✓No loss offset rule — losses from one crypto cannot offset gains from another
- ✓Cost of acquisition deduction — only the purchase price is deductible, not mining costs
- ✓Received as gift, airdrop, or mining — CalcCrack handles different acquisition modes
Feature Comparison
| Feature | CalcCrack 🧾 | 🔍 Google Calculator |
|---|---|---|
| India-specific rules & data | ✓ | × |
| Multi-step calculation | ✓ | × |
| Detailed breakdown | ✓ | × |
| Shareable results | ✓ | × |
| Save & revisit calculations | ✓ | × |
| Basic arithmetic | ✓ | ✓ |
| Voice input | × | ✓ |
Use Crypto Tax Calculator India on CalcCrack
India-specific calculation — more than Google Calculator can do. Free, no sign-up.
Frequently Asked Questions
What is the tax on crypto in India?+
Since Budget 2022 (effective 1 April 2022): flat 30% tax on all crypto gains (Virtual Digital Assets) plus 4% Health & Education Cess = 31.2% effective rate. No deduction except cost of acquisition. No loss offset between different cryptos or against other income.
What is the 1% TDS on crypto?+
Section 194S requires a 1% TDS on crypto transactions exceeding ₹50,000 in a year (₹10,000 for specified persons). The buyer deducts TDS or the exchange deducts it. TDS is a credit against your final tax liability.
Can I offset crypto losses against stock market gains?+
No. Crypto losses cannot be offset against any other income — salary, business, or capital gains. They also cannot be carried forward to future years. This is a significant difference from equity STCG/LTCG loss treatment.
Are crypto gifts taxable in India?+
Crypto received as gifts is taxable in the recipient's hands at 30% on the fair market value at the time of receipt. Gifts from relatives (as defined under income tax) up to ₹50,000 may be exempt, but the exact treatment of crypto gifts is still evolving in tax guidance.
Related Calculator
🧾Crypto Tax Calculator India
30% flat tax + 1% TDS — India crypto tax calculator (Budget 2022)
Disclaimer: This page is for informational purposes and does not constitute financial, tax, or investment advice. Tax rules and rates are as per FY 2025-26 and subject to change. Always consult a SEBI-registered advisor or Chartered Accountant before making financial decisions.