Indian Compliance & Tax
What is the 30% flat tax on virtual digital assets in India?
The 30 percent flat tax on virtual digital assets in India is the rate applied to income from the transfer of VDAs under Section 115BBH, regardless of how long the asset was held or the investor's income slab. Only the cost of acquisition is deductible; other expenses and losses cannot be offset against these gains. For example, a thirty thousand rupee profit on a crypto sale attracts nine thousand rupees in tax, plus applicable surcharge and cess. The rate is uniform, which means short-term and long-term holdings are taxed identically.
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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