About the Crypto Tax India Calculator
What is the Crypto Tax India Calculator?
Gains on cryptocurrencies, NFTs and other virtual digital assets (VDAs) are taxed under Section 115BBH at a flat 30% plus 4% cess, regardless of how long you held them or your income slab. Only the cost of acquisition can be deducted — not exchange fees, gas fees or other expenses.
Losses on one VDA cannot be set off against gains on another or against any other income, and cannot be carried forward. In addition, 1% TDS is deducted on the sale value under Section 194S. This crypto tax calculator India applies all these rules.
How to use the Crypto Tax India Calculator
- Purchase Cost of the Crypto Sold (₹) (sample: 2,00,000)
- Sale Value (₹) (sample: 2,80,000)
- Exchange / Gas Fees (₹, not deductible) (sample: 1,000)
- Losses on Other Crypto This Year (₹, cannot be set off) (sample: 0)
- Press Calculate Crypto Tax (results also refresh as you type). The result card shows the Tax Payable on Crypto Gains, along with Taxable gain (sale − cost only), TDS deducted on sale (1%, u/s 194S), Balance tax after TDS credit and Net in hand after fees and tax.
Formula used
Tax = (Sale value − Cost of acquisition) × 30% × 1.04
- TDS = 1% of the sale value, creditable against your final tax
Crypto received as a gift above ₹50,000 is taxed as income of the recipient (unless from a relative).
Worked example
These are the sample values already filled in the calculator above, and the result it returns for them:
| Input | Sample value |
|---|---|
| Purchase Cost of the Crypto Sold (₹) | 2,00,000 |
| Sale Value (₹) | 2,80,000 |
| Exchange / Gas Fees (₹, not deductible) | 1,000 |
| Losses on Other Crypto This Year (₹, cannot be set off) | 0 |
| Result | Value |
|---|---|
| Tax Payable on Crypto Gains | ₹24,960 |
| Taxable gain (sale − cost only) | ₹80,000 |
| TDS deducted on sale (1%, u/s 194S) | ₹2,800 |
| Balance tax after TDS credit | ₹22,160 |
| Net in hand after fees and tax | ₹2,54,040 |
| Loss that cannot be used | ₹0 |
Tips for using the Crypto Tax India Calculator
- Report every VDA transfer in Schedule VDA of your income-tax return.
- The 87A rebate and basic exemption do not reduce tax on VDA gains.
- Mining and staking rewards are taxable when received.
