Crypto is not banned in India, but it's heavily regulated. As of 2026, all digital assets are taxed at 30% with 1% TDS on every transaction. The government monitors trades closely and shares data globally. No legal tender status. No deductions. No loopholes.
India's 30% crypto tax hits Bitcoin traders hard - no loss offsets, no deductions, and extra taxes on fees. Here's what you need to know to stay compliant in 2025.