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📊 Crypto Transaction Tax Calculator

Track your crypto transactions by token and calculate tax liability with FIFO method. Enter each transaction to get accurate tax calculations per cryptocurrency.

💡 How it works

Add transactions for each cryptocurrency separately. The calculator uses FIFO (First In, First Out) method to calculate gains and applies 30% VDA tax. Loss set-off between different tokens is not allowed.

🗓️ Select Financial Year

Choose the Financial Year for which you want to calculate tax

Tax Rules for FY 2024-25 (AY 2025-26):

📈VDA Transfer Tax: 30%
🎁Gift Exemption: 50,000

➕ Add Transaction

Add transaction hash, exchange name, wallet details, or any reference for your records

⚠️ Important Notes & Assumptions

  • Each cryptocurrency is calculated separately - losses in one token cannot offset gains in another
  • FIFO (First In, First Out) method is used for calculating gains on sales and gifts given
  • Gift Assumptions: All gifts received are assumed to be from non-relatives (₹50,000 exemption limit applies)
  • Gifts from relatives are completely tax-free for the recipient - adjust calculations accordingly
  • Gift given triggers 30% VDA transfer tax on gains for the giver
  • Mining and staking rewards are taxed as income when received, then become cost basis for future transfers
  • VDA transfers (including gifts) are taxable events for the transferor
  • This calculator is for educational purposes - consult a tax professional for complex scenarios

🎁 Gift Tax Clarification

For gifts from relatives: No tax liability for recipient.For gifts from non-relatives: Amounts above ₹50,000 per year are taxable as "Income from Other Sources" at your slab rate. Enter the Fair Market Value of the crypto at the time you received the gift.