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Taxes on Crypto Casino Winnings in India

Separate from the question of legality, India’s tax code treats gambling winnings specifically: under Section 115BBJ, winnings from online gaming are taxed at a flat 30% rate plus a 4% cess, with no threshold exemption – this applies whether winnings are paid out in rupees or in cryptocurrency. On top of that, moving crypto itself can trigger a separate 1% TDS on transfers above ₹10,000 under India’s virtual digital asset (VDA) tax framework. These are two different tax mechanisms that can both apply to the same overall activity. This isn’t personalized tax advice – a chartered accountant familiar with both gambling income and VDA taxation is worth consulting for your specific situation.