Is DeFi legal in India?

DeFi is neither legal nor illegal in India.
Section 115 BBH of the Indian Income Tax Act taxes DeFi gains at a 30% flat rate, which grants some legality.
However, there is no concrete law establishing regulatory guidelines for DeFi income.

  • DeFi is neither legal nor illegal in India.
  • Section 115 BBH of the Indian Income Tax Act taxes DeFi gains at a 30% flat rate, which grants some legality.
  • However, there is no concrete law establishing regulatory guidelines for DeFi income.

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sessyvarun51@gmail.com

Varun Sakhuja is a commerce graduate with a specialization in mathematics, with a natural interest in understanding how numbers shape financial decisions and market trends. Currently working at a multinational crypto publishing firm, he creates content around blockchain, cryptocurrency, and the evolving world of digital finance.

He focuses on simplifying complex topics-turning technical concepts into clear, practical insights that readers can actually understand and use. His approach is rooted in research, real-world relevance, and a strong attention to accuracy, ensuring that every piece of content delivers genuine value.

Over time, Varun has developed hands-on experience in analyzing market movements and tracking emerging trends in Web3. He enjoys staying updated with the fast-changing crypto space and translating that knowledge into content that feels both informative and easy to follow.

He believes good content should not just inform, but also build trust-something he aims to achieve through honest, well-researched, and reader-focused writing.

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