Crypto tax, Country
India : 30%
UAE : 0%
Singapore : %
Portugal : %
Switzerland :%
India imposes a flat 30% tax on any gains from the transfer of Virtual Digital Assets (VDAs) like cryptocurrencies. This high rate applies regardless of holding period. Crucially, no expenses (except acquisition cost) are deductible, and VDA losses cannot be offset against other income or carried forward. A 1% TDS (Tax Deducted at Source) is also levied on transactions over specified thresholds.$WCT