Blockchain Infrastructure

How is bridging crypto between chains taxed in India?

Bridging crypto means moving a token from one blockchain to another, and its tax treatment in India depends on whether the bridge is viewed as a transfer or merely a change of network. If you simply move the same asset to your own wallet on another chain, it is generally not a sale. But if bridging swaps one token for a different wrapped or equivalent token, that exchange can be treated as a taxable transfer of a virtual digital asset at the flat 30 percent rate, potentially with TDS. Guidance here is unsettled, so consult a qualified tax professional.

Crypto investments are subject to market risk and volatility. Past performance is not indicative of future returns. This is general information, not investment advice — consider your own circumstances or consult a qualified adviser before investing.