Indian Compliance & Tax
Is the 30% crypto tax in addition to the 1% TDS?
Yes. In India the 30% tax and the 1% TDS are two separate mechanisms, not stacked extra cost. The 30% is the flat tax on your gain from transferring a virtual digital asset, while the 1% TDS is deducted at the point of sale above threshold limits and credited against your final liability. So if you owe 30% on a profit, any TDS already deducted reduces what remains payable. Worked simply: ₹10,000 gain means ₹3,000 tax, and TDS withheld during the year is adjusted against that ₹3,000 when you file.
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.
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