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Crypto Tax Calculator India — FY 2025-26

Calculate exact tax on Bitcoin, Ethereum, and all VDA profits under Section 115BBH: 30% flat rate plus 4% cess with no exemptions. Model the no-loss-set-off rule across multiple trades, see 1% TDS credit under Section 194S, and compare crypto tax vs equity LTCG and STCG to understand the full cost of holding crypto in India.

Total amount paid to buy the crypto asset
Total amount received on selling
No
Toggle if the exchange already deducted 1% TDS at source

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How to Use This Calculator

Crypto Tax tab

Enter your buy price (cost of acquisition) and sell price (consideration received). The calculator computes your profit, applies the flat 30% Section 115BBH rate, adds 4% cess, and shows your TDS credit under Section 194S. Toggle “TDS already deducted” if the exchange deducted 1% TDS at the time of the sell transaction.

Multiple Trades tab

Add each of your crypto trades with coin name, buy price, and sell price. The calculator shows per-trade P&L and the critical rule: losses from one coin cannot offset profits from another. Tax is computed on total profitable trades only. Add up to any number of trades.

Crypto vs Equity Tax tab

Enter any capital gain amount to see an instant side-by-side comparison of: crypto 30% tax, equity STCG 20% tax, and equity LTCG 12.5% tax (with the &rupee;1.25 lakh exemption). The multiplier shows how many times more tax crypto incurs versus equity held long-term.

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The Formula — Section 115BBH & 194S

Crypto and virtual digital assets (VDAs) are taxed under a dedicated section introduced in Finance Act 2022, with no benefit of slab rates, exemptions, or loss set-off:

Taxable VDA Income:
Profit = Sell Price − Cost of Acquisition
(No other deduction allowed — no brokerage, no internet charges, no hardware cost)

Tax (Section 115BBH):
Base Tax = Profit × 30%
Cess = Base Tax × 4%
Total Tax = Base Tax + Cess = Profit × 31.2%

TDS (Section 194S):
TDS = Sell Price × 1%
(Applicable when sell consideration > &rupee;10,000 per year)
TDS is a credit, not an additional tax. Net Payable = Total Tax − TDS Credit

No Loss Set-Off Rule:
Taxable Income = Sum of profitable trades only
Losses from VDA cannot reduce profits from other VDAs
Losses cannot be carried forward to future years

This tax framework applies to Bitcoin, Ethereum, all altcoins, NFTs, DeFi tokens, and any other Virtual Digital Asset as defined under Section 2(47A) of the Income Tax Act. Staking rewards, airdrops, and mining income are also treated as VDA income at 30%.

Example

Priya — Mumbai crypto trader, FY 2025-26

Priya bought Bitcoin worth &rupee;1,00,000 and sold it for &rupee;2,50,000 in FY 2025-26. She also bought Ethereum for &rupee;80,000 and sold it at &rupee;40,000 (a loss of &rupee;40,000). Her exchange deducted TDS at 1%.

Step 1: Per-trade P&L

Bitcoin: Buy &rupee;1L, Sell &rupee;2.5LProfit: +&rupee;1,50,000
Ethereum: Buy &rupee;80K, Sell &rupee;40KLoss: −&rupee;40,000

Step 2: No loss set-off

Total profits&rupee;1,50,000
Total losses (NOT adjustable)&rupee;40,000
Taxable VDA income&rupee;1,50,000 (losses ignored)

Step 3: Tax computation

Tax @ 30% on &rupee;1,50,000&rupee;45,000
Health & Education Cess @ 4%&rupee;1,800
Total tax&rupee;46,800

Step 4: TDS credit

TDS @ 1% on &rupee;2,50,000 sell (Bitcoin)&rupee;2,500
TDS @ 1% on &rupee;40,000 sell (Ethereum)&rupee;400
Total TDS credit&rupee;2,900
Net tax payable (46,800 − 2,900)&rupee;43,900

Priya pays &rupee;43,900 in crypto tax. The &rupee;40,000 Ethereum loss provides zero tax relief — it cannot reduce her Bitcoin profits, cannot offset any other income, and is permanently lost.

FAQ

Section 115BBH, introduced in Finance Act 2022, classifies all Virtual Digital Assets (VDAs) as a separate asset class taxed at 30% flat regardless of holding period or income level. The government deliberately chose a high punitive rate to discourage speculative crypto trading while creating a formal tax framework. This rate is higher than the highest income slab (30%), higher than equity LTCG (12.5%), and higher than equity STCG (20%). The only deduction allowed is cost of acquisition — no brokerage, no infrastructure expenses, no interest on borrowed funds. Budget 2024 and Budget 2025 made no changes to VDA taxation.
No. Section 115BBH(2)(b) explicitly states that losses from one VDA cannot be set off against gains from another VDA or any other income. This is the most important and counter-intuitive rule of crypto taxation in India. Unlike equity trading — where STCL can be set off against STCG and LTCG — each crypto asset is treated in complete isolation for tax purposes. If you make &rupee;5 lakh profit on Bitcoin and &rupee;3 lakh loss on Ethereum in the same year, you pay 30% tax on the full &rupee;5 lakh. The &rupee;3 lakh loss is permanent — it cannot be carried forward to future years either.
Section 194S requires the buyer (or exchange acting as facilitator) to deduct 1% TDS on every crypto sell transaction where the annual consideration exceeds &rupee;10,000 (or &rupee;50,000 for specified persons). The TDS is deducted on the gross sell value, not on the profit. For example, if you sell crypto worth &rupee;2 lakh, the exchange deducts &rupee;2,000 as TDS regardless of your profit or loss. This TDS amount is credited against your total tax liability when you file ITR. If your TDS exceeds your actual tax, you claim the excess as a refund. TDS does not exempt you from paying the remaining tax — it is just an advance payment mechanism.
Crypto received as a gift is taxable under Section 56(2)(x) as “income from other sources” if the aggregate value of gifts exceeds &rupee;50,000 in a year (and not from a relative or on occasion of marriage/inheritance). The fair market value at the time of receipt is taxable at slab rates. When you subsequently sell the gifted crypto, the cost of acquisition is the value already taxed as gift income (not zero). Airdrops and mining rewards are treated as income at the time of receipt (fair market value) under “income from other sources,” also at slab rates. When sold, the cost is the airdrop/mining value already taxed. The difference between sale price and the FMV at receipt is then taxed at 30% under Section 115BBH.
Yes. SEBI-registered and FIU-registered crypto exchanges (such as WazirX, CoinDCX, Zebpay, etc.) are required to report transactions to the Financial Intelligence Unit (FIU-IND) and to deduct/deposit TDS under Section 194S. The TDS deducted appears in your Form 26AS and AIS (Annual Information Statement). The income tax department can match your declared crypto income against TDS data. Unreported crypto income is increasingly being flagged through AIS. Foreign exchange transactions are harder for the department to track directly, but self-reporting under Schedule VDA in ITR is mandatory and non-compliance attracts penalty plus 30% tax plus interest under Section 234A/234B/234C.

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