What is capital gains tax on crypto?

What Is Capital Gains Tax on Crypto?

In India, gains from crypto are not taxed under the usual capital gains sections (short-term/long-term). They are taxed as "income from virtual digital assets" at a flat 30% (plus surcharge and cess). There is no distinction between short-term and long-term and no indexation benefit. So whether you held for one day or five years, the tax rate is the same. You report the gain in your return under the VDA head. Keep cost and sale records for each transaction.