Indian Compliance & Tax

How is a crypto airdrop taxed in India?

In India, a crypto airdrop is generally taxed as income at its fair market value on the date you receive it, taxed at your applicable slab rate. A second tax event arises later when you sell the airdropped tokens, with gains taxed under the flat virtual digital asset rate. For example, tokens worth 10,000 rupees when airdropped are income now, and any gain over that 10,000 rupees at sale is taxed again. This is general information, not tax advice; a qualified professional can confirm treatment for your case.

This is general information, not tax advice. Tax rules change and depend on your individual circumstances — verify the current rules or consult a qualified tax professional before acting.