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India’s crypto sector urges tax clarity and adjusted TDS in Budget 2026
India’s crypto industry seeks clearer tax rules and lower transaction TDS ahead of Budget 2026 to support market participation and investment.
As India moves closer to the Union Budget 2026, industry participants called for a level playing field in how cryptocurrencies are taxed and for rationalisation of the existing 1% TDS on transactions. Stakeholders argue that clearer tax rules and lower withholding could support investment, reduce informal trading incentives, and encourage broader participation in the domestic crypto market.