India Crypto News: Industry Demands Relief From Harsh Taxes
India’s cryptocurrency sector is pushing for regulatory clarity and tax reforms as industry leaders report heightened government engagement. The shift follows renewed global attention on digital assets, including former U.S. President Donald Trump’s pro-crypto stance.
Market participants highlight the 1% TDS and 30% capital gains tax as major growth barriers. While judicial developments remain pending, the industry sees growing recognition of blockchain’s economic potential amid evolving international regulatory landscapes.