Question 1

How is crypto taxed in India in 2026?

Accepted Answer

Crypto gains are taxed at a flat 30% plus 4% health & education cess, making the effective rate 31.2%. Losses from one crypto asset cannot be offset against gains from another. Additionally, 1% TDS applies on transactions exceeding Rs 10,000 per year.

Question 2

How is F&O trading income taxed in India?

Accepted Answer

F&O income on recognized exchanges (NSE, BSE, MCX) is treated as non-speculative business income. It is taxed at slab rates under the new tax regime: 0% up to 4 lakh, 5% for 4-8 lakh, 10% for 8-12 lakh, 15% for 12-16 lakh, 20% for 16-20 lakh, 25% for 20-24 lakh, and 30% above 24 lakh, plus 4% cess.

Question 3

Is forex trading through offshore brokers taxable in India?

Accepted Answer

Yes. Profits from offshore forex brokers like XM or Exness must be declared as Income from Other Sources and taxed at applicable slab rates. While trading via unregistered offshore brokers may fall in a regulatory grey area, the income itself is taxable under Indian law.

Question 4

When should I pay advance tax on trading income?

Accepted Answer

If your total tax liability exceeds Rs 10,000 in a financial year, you must pay advance tax in four installments: 15% by June 15, 45% by September 15, 75% by December 15, and 100% by March 15. Missing deadlines attracts interest under sections 234B and 234C.

India Trading Tax Calculator

1 What did you trade?

2 Your transactions

3 TDS & Deductions

Your Income Breakdown

Advance Tax Schedule — FY 2025-26

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