Lost money in cryptocurrency investment this year? You might still owe tax — even if your portfolio is deep in the red. Under India’s harsh crypto tax laws, traders are liable to pay a flat 30% tax on every rupee of profit, even when their overall portfolio is at a loss. Experts say the current system is among the toughest in the world, leaving Indian crypto investors with little room for relief. Advertisement

When CA Nitin Kaushik, a chartered accountant and tax specialist, recently explained the reality of crypto taxation on X (formerly Twitter), it struck a nerve among investors. His message was blunt: “Even if you lose Rs 100 in crypto, you could still owe Rs 30 in taxes.”

Here’s why.

Imagine you made Rs 100 profit on Bitcoin but lost Rs 200 on Ethereum during the same financial ye

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