India’s Crypto Tax Overhaul Sparks Hope: Relief on the Horizon for Digital Asset Investors

New Delhi shakes up income tax bill—crypto traders eye potential breaks.

Finally, a glimmer of sanity? India's notorious 30% crypto tax faces possible revisions as lawmakers revisit draconian fiscal policies.

Key changes could include:

- Reduced flat tax rates for long-term holders

- Clearer guidelines on loss carry-forwards

- Revised TDS thresholds for small transactions

The move comes as India risks losing its fintech edge—turns out driving traders offshore with punitive taxes doesn't actually boost revenue. Who knew?

One finance ministry insider quipped: 'We're not softening our stance... just applying basic economic logic.' Sure—after three years of watching capital flee to Dubai and Singapore.

Bullish signal for exchanges: WazirX and CoinDCX volumes already ticking up on speculation. But remember kids—in crypto, 'tax relief' just means the government taking slightly less of your money.