BTC$78,661+0.5% ZEC$403.50+8.1% XMR$395.74+2.7% DASH$39.22+5.5% FIRO$0.8805-0.2% ARRR$0.2016+0.4% BEAM$0.0193-3.2% GRIN$0.0320-2.5% IRON$0.0592+4.3% SCRT$0.1068+5.3% NIGHT$0.0319+0.7% ZCSH$26.79+8.57% CYPH$0.97+9.47% EZRA$0.17-0.06% BTC$78,661+0.5% ZEC$403.50+8.1% XMR$395.74+2.7% DASH$39.22+5.5% FIRO$0.8805-0.2% ARRR$0.2016+0.4% BEAM$0.0193-3.2% GRIN$0.0320-2.5% IRON$0.0592+4.3% SCRT$0.1068+5.3% NIGHT$0.0319+0.7% ZCSH$26.79+8.57% CYPH$0.97+9.47% EZRA$0.17-0.06%
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India · Updated 04.13.26

Privacy coins in India

In India, both Zcash and Monero are functionally restricted. Most Indian exchanges voluntarily suspended privacy coin trading in January 2026 under FIU-IND pressure. On March 10, 2026, FIU-IND clarified that no formal ban was issued, but exchange access remains very limited. India taxes all crypto gains at a flat 30% plus 4% cess.

zkonomics editorial · 3 min read

Your two options

Zcash (ZEC)
Limited availability

Zcash access in India is functionally restricted.

Read the Zcash guide >
Monero (XMR)
Limited availability

Monero access in India is functionally restricted.

Read the Monero guide >

What to know

India's tax regime makes frequent trading expensive: the 1% TDS applies to every transaction above the threshold regardless of profit or loss, the 30% rate has no offset for losses, and crypto losses cannot be set off against any other income. Direct exchange-to-tax-authority data sharing began April 1, 2026, so expect full visibility on activity. Privacy coin access on Indian exchanges remains very limited despite the FIU clarification; check current listings before assuming availability.

Regulatory detail

FIU-IND registration required for crypto exchanges under the Prevention of Money Laundering Act. 30% flat tax plus 4% cess on crypto gains, 1% TDS on transactions above ₹50,000/year. As of April 1, 2026, registered exchanges share user transaction logs directly with the Income Tax Department. January 2026 voluntary exchange delistings of privacy coins; FIU-IND March 10, 2026 clarification confirms no formal ban.

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