Crypto to INR converter

Why a converter that knows about tax

"What is my crypto worth in rupees" and "what would I be left with" are different questions, and only the first one has a simple answer. Under section 115BBH, income from transferring a virtual digital asset is charged at 30% plus 4% cess — 31.2% — and the only amount deductible from the consideration is the cost of acquisition. Nothing else comes off: not exchange fees, not brokerage, not gas.

So the rupee value of a holding and the rupee value of realising it are separated by a fixed proportion of the gain within it. Supplying a cost of acquisition is what lets this page show the second number as well as the first.

Two things this conversion does not include

Surcharge. The 31.2% is a base, not a ceiling. Surcharge depends on your total income for the year, which this tool never asks for, and crypto income does not get the 15% cap that applies to dividend income and to gains under sections 111A, 112 and 112A. At a high total income the effective rate can approach 39%.

Tax deducted at source. Section 194S requires 1% to be deducted on the gross consideration for a transfer — on the whole sum, not on the gain — and that is a separate mechanism from the charge computed here. This page does not work it out. Where it matters is that the gross figure is what gets reported against you: the AIS reconciliation page exists because the gross consideration in AIS and the income under section 115BBH are structurally different numbers that will essentially never match.

Where the rate should come from

For a valuation you are going to rely on, use a rate you can evidence: the price on the exchange where the transfer happened, at the time it happened, kept with a record of where you got it. A rate from a converter — this one included — is a convenience for arithmetic, not evidence of value.