As India prepares for the Union Budget 2026, the country’s digital asset ecosystem is intensifying calls for a recalibration of crypto taxation. Industry stakeholders are urging the government to reconsider the flat 30% tax on virtual digital asset gains and ease the 1% tax deducted at source, arguing that the current framework has stifled innovation,… Continue reading Budget 2026 Signals a Turning Point for India’s Crypto Policy as Industry Pushes for Tax Relief
Tag: Budget
Budget 2026 Puts Spotlight on Crypto as Industry Seeks Tax Relief and Regulatory Clarity
As preparations for Budget 2026 gather pace, India’s cryptocurrency industry is intensifying calls for clearer regulations and a more balanced tax framework. Market participants argue that current policies, particularly the 1% tax deducted at source (TDS) on crypto transactions, have constrained liquidity and driven trading activity offshore. Industry stakeholders are urging the government to rationalise… Continue reading Budget 2026 Puts Spotlight on Crypto as Industry Seeks Tax Relief and Regulatory Clarity
Budget 2026 and the Crypto Question: Charting a Clearer, Fairer Path for Digital Assets in India
As digital assets gain wider traction in India, Budget 2026 presents a critical opportunity to reset the country’s approach to crypto taxation and regulation. The current framework, marked by high tax rates and limited regulatory clarity, has constrained domestic innovation while pushing activity offshore. Policymakers now face the challenge of balancing revenue protection with the… Continue reading Budget 2026 and the Crypto Question: Charting a Clearer, Fairer Path for Digital Assets in India