Crypto tax calculator India
Crypto tax calculator India: the calculator below opens on the crypto card. Enter each disposal, coin for rupees or coin for coin, and every gain is taxed at the one rate section 115BBH sets, 30%, with the 4% cess on top. Holding period, salary and slab rates never enter the number.
India taxes virtual digital assets outside the capital gains ladder. There is no 12-month line, no ₹1,25,000 exemption, no indexation and no slab treatment: a gain pays 30% whether the coins were held nine days or nine years. Losses get nothing. A crypto loss offsets no other income and no other crypto gain, and it cannot be carried forward to a later year.
Section 115BBH
One flat rate, almost no deductions
Every disposal of a virtual digital asset pays 30% on the gain. The section allows no expense deduction except the cost of acquisition, so the calculator's crypto card asks for the two dates and the two amounts and nothing else. Swapping one coin for another is a disposal of the coin you give up, valued in rupees at the swap: a chain of trades is a chain of taxable events.
A 1% tax deducted at source applies to transfers under section 194S. It is a deduction at the exchange, not the tax itself: the 30% is still computed on your return from every disposal, and the calculator prices exactly that.
Section 115BBH has applied since 1 April 2022 and the flat rate has not moved since. There is no threshold to stay under and no date to wait for: the only variable the section leaves open is the size of the gain itself.
No set-off
Crypto losses offset nothing, now or later
A crypto loss offsets no other income: not salary, not share gains, not property, and not a gain on another coin. Section 115BBH(2)(b) also bars carrying it forward, so the loss is reported on the return and then it is gone. The calculator taxes every crypto gain at its full 30% and shows each loss as reported with no set-off, and the worked example below shows the isolation at work.
The separation runs both ways. A year of share losses or a salary cut changes nothing about the crypto bill, and a crypto wipeout changes nothing about the share bill. Each side is computed on its own disposals and taxed on its own section.
The calculator's year view keeps the two columns apart: every crypto disposal of the financial year on one side, every other pool on the other. Crypto losses are listed for the return and reduce nothing on either side.
Worked example
A ₹1,60,000 gain, a ₹50,000 loss that offsets nothing
Three disposals in the 2026-27 financial year. Coins bought on 5 November 2025 for ₹1,50,000 and sold on 20 August 2026 for ₹3,10,000: held 9 months, a gain of ₹1,60,000. Another lot bought on 10 January 2026 for ₹90,000 and sold on 5 September 2026 for ₹40,000: a loss of ₹50,000. Listed shares bought on 15 May 2024 for ₹1,50,000 and sold on 15 July 2026 for ₹3,50,000: held 26 months, a long-term gain of ₹2,00,000.
The crypto gain pays 30%: ₹48,000. The crypto loss shaves nothing off it and nothing off the shares. The share gain pays 12.5% above the ₹1,25,000 exemption: ₹9,375. Tax on gains ₹57,375, the 4% cess of ₹2,295, total ₹59,670. The ₹50,000 crypto loss is reported on the return and lapses: no set-off this year and no carry-forward.
Three disposals, 2026-27 financial year
| Disposal | Result | Tax |
|---|---|---|
| Coins held 9 months | gain ₹1,60,000 | 30%: ₹48,000 |
| Coins held 7 months | loss ₹50,000 | no set-off, no carry-forward |
| Shares held 26 months | gain ₹2,00,000 | 12.5% above ₹1,25,000: ₹9,375 |
| With 4% cess | tax on gains ₹57,375 + ₹2,295 | ₹59,670 |
Questions
Frequently asked questions
How is crypto taxed in India?
At a flat 30% on every disposal's gain under section 115BBH, with the 4% health and education cess on the tax. No slab rates, no holding-period test, no exemption threshold.
Can crypto losses offset share gains or salary?
No. A crypto loss offsets no other income, and no gain on another coin either. It cannot be carried forward to later years: you report it on the return and it reduces no tax.
Does holding crypto longer reduce the tax?
No. The 30% rate has no holding-period test, unlike the 12-month line for listed shares or the 24-month line for property. Nine days and nine years pay the same.
Is swapping one cryptocurrency for another taxable?
Yes. A swap disposes of the coin you give up at its rupee value at the swap. That value is the proceeds of one disposal and the cost of the new coins.
What is the 1% TDS on crypto transfers?
A tax deducted at source under section 194S on transfers. It is deducted along the way; it is not the tax itself, which remains the flat 30% computed on the return.
Can I use the ₹1,25,000 exemption on crypto gains?
No. That exemption belongs to section 112A and listed equity only. Crypto gains are taxable from the first rupee.
Sources
Where these figures come from
Also on capitalgainstax.net