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Compare only local claims with an official source and current review
No official adoption metric is available for both countries. Legacy estimates, where available, appear below as context only.
Estimated context (not comparable)
Blue and est. indicate a legacy estimate without a verifiable official source. It never creates a winner, bar, or ranking.
RBI has warned that virtual currencies are not authorized by a central bank or monetary authority. Do not confuse a crypto asset with the e₹ digital rupee, which RBI describes as legal tender. Verify applicable requirements before using a provider.
Official source: RBI: virtual-currency risk warning, 24 December 2013 · RBI: digital rupee FAQ · FIU-IND: VDA reporting-entity registration downloads; AML reporting, not retail permission
Income from VDA transfer
Official source: Income Tax Act: VDA tax section 115BBH · Income Tax Department: Income-tax Act section 115BBH VDA tax text (statutory PDF) · Income Tax Department: TDS on VDA transfers
Resolution 05/2025 establishes a five-year pilot for crypto-asset offering, issuance, market organisation, and services. Investors operate through organisations licensed by the Ministry of Finance; six months after the first licence, trading outside a licensed organisation can lead to administrative sanctions or criminal liability depending on the case. Decree 284/2026 establishes administrative sanctions and takes effect on 1 September 2026.
Official source: Government: Resolution 05/2025 pilot crypto-asset market · Government: Decree 284/2026 crypto-asset market sanctions
Pilot-market tax treatment
Official source: Government Gazette: Circular 41/2026/TT-BTC crypto-asset tax filing guidance
Rate: Verify
Deductible: Section 115BBH allows only acquisition cost; it does not allow VDA-loss setoff or carryforward.
Deadline: Check the current Income Tax Department deadline.
Official source: Income Tax Act: VDA tax section 115BBH · Income Tax Department: Income-tax Act section 115BBH VDA tax text (statutory PDF) · Income Tax Department: TDS on VDA transfers
Rate: Verify
Deductible: Circular 41/2026 is not summarised here as a personal formula. Consult the text and tax authority for costs, classification, and calculation of your transaction.
Deadline: Consult Circular 41/2026 and the tax authority for declaration, withholding, payment, and settlement requirements.
Official source: Government Gazette: Circular 41/2026/TT-BTC crypto-asset tax filing guidance
Only metrics with a national source per figure
Local primary guidance and current review
Treatment visible only with an official source
Official registers only, where available
Hidden without specific evidence
Review date for each country guide
We show only regulatory and tax claims with local primary guidance and a current review. Adoption metrics require a national source for each figure.
Each visible claim links to its official country source. Adoption links are assigned to the exact metric, not the entire profile.
Each guide shows its next review date. Always confirm your residence, activity, and transaction with the authority or a local professional before filing.
Yes, you can compare any of the 174 countries in our database using the country selectors.
It is an editorial summary of linked primary regulatory guidance. If a current review is unavailable, we show Verify rather than infer a status.
We do not infer rankings. A value appears only when the exact figure has a linked official national source.
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