1. Will cryptocurrency gains be taxed in India in 2026?
Yes, cryptocurrency gains in India in 2026 will be taxable under virtual digital asset rules, with profits taxed at a flat 30% plus applicable cess.
2. Will the 1% TDS on crypto transactions continue in 2026?
Yes, the 1% TDS on cryptocurrency transactions will continue in 2026 and will be deducted at the time of transfer, mainly by exchanges.
3. Will losses from cryptocurrency be allowed to reduce tax liability?
No, cryptocurrency losses in 2026 will not be allowed to be set off against other income or carried forward to future years.
4. Will crypto-to-crypto trades be taxable in 2026?
Yes, exchanging one cryptocurrency for another will be treated as a taxable transaction and subject to crypto taxation rules.
5. Will stablecoins be taxed like Bitcoin and Ethereum in 2026?
Yes, stablecoins will continue to be treated as virtual digital assets and will be taxed in the same way as Bitcoin and Ethereum in 2026.