India Crypto Tax Guide
Complete guide to cryptocurrency taxation in India. Updated for 2026 with the latest Income Tax Department requirements.
India Crypto Tax Rules
How cryptocurrency is taxed by the Income Tax Department
Crypto classified as Virtual Digital Asset (VDA)
Flat 30% tax on all crypto gains with no deductions
1% TDS (Tax Deducted at Source) on transactions over 50,000 INR
No loss offsetting allowed against other income or crypto gains
Crypto-to-crypto trades are taxable events
Mining and staking rewards taxed at 30%
One of the strictest crypto tax regimes globally
Must track every transaction carefully
Why Use Crypto Tax Software
How the Best Platforms Help India Investors
Tailored features that make India crypto tax reporting effortless
Income Tax Department-Ready Reports
Generate tax reports that comply with India's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your INR trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Income Tax Department requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your India tax burden.
Compare Crypto Tax Platforms for India
Find the best software for your India crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for India crypto tax filing
Required Forms
What to Look for in India Crypto Tax Software
Key features that make crypto tax reporting easier for India investors
Flat 30% calculation on all gains
TDS tracking and documentation
Transaction-by-transaction record keeping
INR-based reporting
Indian exchange integrations
Mining and staking income tracking
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for India Investors
The features that make Awaken stand out for India crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Income Tax Department Compliant
Generate reports that meet India's specific tax requirements with complete confidence.
Ready to file your India crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your India tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in India
Do I have to pay taxes on crypto in India?
Yes, cryptocurrency is generally taxable in India. The Income Tax Department considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in India?
Tax rates vary based on your income level and how long you held the crypto. Crypto classified as Virtual Digital Asset (VDA) Check the tax rules section above for specific rates.
When is the crypto tax deadline in India?
The main tax filing deadline in India is July 31 - Tax filing deadline for individuals.
What is the best crypto tax software for India?
Awaken Tax offers full support for India crypto tax reporting, with automatic calculations and Income Tax Department-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in India?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in India. Each trade may trigger a capital gain or loss that needs to be reported to the Income Tax Department.