The post India Budget LIVE: Will the Government Rethink Crypto’s 30% Tax Today? appeared first on Coinpedia Fintech News
February 1, 2026 05:31:02 UTC
India Budget 2026: New Data Fuels Calls to Reform India’s Crypto Tax Regime
As the Union Budget 2026 approaches, India’s crypto industry is calling for a more outcome-based tax framework, including rationalisation of the 30% capital gains tax, permission to offset losses, and a review of the 1% tax deducted at source (TDS) on crypto transactions. These demands are supported by India’s Crypto Tax Story 2025, a new report by KoinX, which analyses anonymised data from nearly 7 lakh Indian crypto users in FY 2024–25 and shows how current tax rules often diverge from actual investor outcomes.
February 1, 2026 05:09:14 UTC
India Budget 2026: Crypto Rules Must Shift Beyond Tax and Enforcement,
Manhar Garegrat, Country Head–India at Liminal Custody, said India’s crypto policy needs to move toward market structure and sustainability, warning that current tax frictions are pushing compliant trading activity offshore. He urged Budget 2026 to rethink transaction-level taxes and consider a VDA transaction tax model to keep crypto activity onshore, transparent, and economically viable.
February 1, 2026 05:09:14 UTC
India Budget 2026: Will Crypto Take Center Stage?
Crypto and Bitcoin taxes are in focus today, with expectations of rationalisation and clearer rules rather than any expansion of the 30% levy, even as the government has not yet signaled formal changes.
