No Relief For Crypto Investors As India Retains Current Crypto Tax In Budget 2026
India has decided to maintain its current crypto tax framework in the Budget 2026, which includes a 30% tax on profits from cryptocurrency transactions and a 1% tax deducted at source (TDS) on all crypto trades. This decision has disappointed many crypto investors who were hoping for more favorable regulations. The government aims to ensure compliance and generate revenue from the growing digital asset market. Despite the lack of tax relief, officials emphasize the importance of regulating the sector to protect investors and maintain financial stability. The unchanged tax policy reflects India's cautious approach toward cryptocurrencies amidst ongoing global discussions on regulation.
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