| Buying crypto |
1% TDS, usually deducted by the exchange (excluding international & P2P trades) |
| Selling crypto |
30% tax on any gain |
| Trading crypto for crypto |
30% tax on any gain |
| Spending crypto |
30% tax on any gain |
| Holding crypto |
Tax free |
| Moving crypto between your own wallets |
Tax free |
| Airdrops of crypto |
Income Tax at your individual tax rate, 30% tax if you later sell |
| Hard forks |
Income Tax at your individual tax rate on receipt, 30% tax if you later sell |
| Gifts of crypto |
Recipient is generally taxed, with some exceptions for gifts from close family or under ₹50,000 |
| Donating crypto |
Only cash donations are tax deductible, any perceived profits may be subject to 30% tax |
| Mining rewards |
Income Tax at your individual tax rate, 30% tax if you later sell |
| Staking rewards |
Income Tax at your individual tax rate, 30% tax if you later sell |