BTC$77,156+3.3% ZEC$337.96+1.7% XMR$346.65+1.4% DASH$36.95+0.9% FIRO$0.7776+1.2% ARRR$0.1914+2.0% BEAM$0.0206-1.8% GRIN$0.0384-0.4% IRON$0.0608-1.8% SCRT$0.1059+11.6% NIGHT$0.0374+2.3% BTC$77,156+3.3% ZEC$337.96+1.7% XMR$346.65+1.4% DASH$36.95+0.9% FIRO$0.7776+1.2% ARRR$0.1914+2.0% BEAM$0.0206-1.8% GRIN$0.0384-0.4% IRON$0.0608-1.8% SCRT$0.1059+11.6% NIGHT$0.0374+2.3%
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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.