Bangalore is India's tech and crypto startup hub. Federal regulation applies (30% flat tax on crypto gains, 1% TDS). Major exchanges WazirX and CoinDCX headquartered here.
| Status | Legal |
| Risk Score | 30/100 (Moderate Risk) |
| Region | south asia |
| Currency | INR |
| Capital Gains (Personal) | 30% flat + 4% cess |
| Capital Gains (Corporate) | 30% flat + surcharge |
| VAT on Crypto | No |
| Staking Tax | No specific guidance |
| Airdrop Tax | No specific guidance |
No crypto-specific tax guidance available.
| Required | Yes |
| Regulator | RBI / SEBI / FIU-IND |
| Framework | Finance Act 2022 + PMLA |
Enforcement focused on unlicensed operators and consumer protection
| KYC Required | No |
| Travel Rule | No |
| FATF Member | No |
| FATF Status | non_compliant |
| FATF Body | FATF |
| Suspicious-Activity Reporting | No |
Status: Unclear
No specific DeFi regulation
Status: no_rules
No specific stablecoin framework
Status: no_rules
No specific NFT regulation
| Legal | Yes |
| Electricity Cost | $0.08/kWh |
| Renewable Energy | 20% |
| Infrastructure | good |
Karnataka, especially Bangalore, has good data center infrastructure and moderate electricity costs. Mining is legal with no special restrictions.
| Stability | stable |
| Sanctions | No |
| Corruption Index | 40/100 |
| Banking Access | moderate |
Risk Factors
India remains politically stable with moderate corruption and improving ease of doing business. Crypto companies face moderate banking access and some regulatory uncertainty.
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Explore IT Services →Last reviewed: 2026-04-13 · Data source: Soken Crypto Legal Map
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