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Cryptos like bitcoin, ethereum, and all other virtual digital assets are subject to flat 30% tax rate in India. Here's everything you should. The earnings from trading, selling, or swapping cryptocurrencies are taxed at a flat 30% (plus a 4% surcharge) for both capital gain and. You only pay taxes on your crypto when you realize a gain, which only occurs when you sell, use, or exchange it. Holding a cryptocurrency is not a taxable event.