Blockchain Infrastructure

How are Polygon (POL) gains taxed in India?

In India, gains from selling Polygon's POL token are taxed like other virtual digital assets: profits are taxed at a flat 30 percent, plus applicable surcharge and cess, with no deduction allowed except the cost of acquisition. A 1 percent TDS generally applies on transfers above the prescribed threshold, and losses cannot be set off against other income. For example, buying POL for 10,000 rupees and selling for 15,000 rupees creates a 5,000 rupee gain taxed at 30 percent. Tax rules change and depend on your situation, so confirm current provisions with 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.