India: crypto is legal but lacks comprehensive regulation. Heavily taxed: 30% flat on VDA gains + 1% TDS + 18% GST (July 2025). RBI actively blocks comprehensive legislation. FIU-IND registration required for AML. Penalties from April 2026: INR 200/day for non-filing, INR 50,000 for incorrect reporting.
| Status | Restricted |
| Risk Score | 50/100 (Moderate Risk) |
| Region | south asia |
| Currency | INR |
| Capital Gains (Personal) | 30% flat + 1% TDS + 18% GST |
| Capital Gains (Corporate) | 30% flat |
| VAT on Crypto | No |
| Staking Tax | 30% flat tax on staking rewards as income from virtual digital assets |
| Airdrop Tax | 30% tax on airdrop value; taxed upon receipt at market value |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | RBI / SEBI / FIU-IND |
| Framework | Income Tax Act (Section 115BBH) + PMLA + No dedicated crypto law |
| Ease | complex |
| Cost | $50,000 - $200,000 (FIU registration + compliance infrastructure) |
No crypto-specific license. Exchanges must register with FIU-IND under PMLA. RBI opposed to comprehensive regulation. SEBI has no dedicated crypto framework. At least five public deferrals of policy papers since 2024.
Status: unregulated
Status: unregulated
Status: regulated
| Legal | No |
| Electricity | $0.082/kWh |
| Renewable | 24% |
| Infrastructure | fair |
Crypto mining is restricted in India with regulatory uncertainty and power supply constraints. Electricity cost is moderate, and infrastructure is developing but not top-tier.
| Stability | moderate |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | restricted |
Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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