Anndy Lian
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India's Crypto Sector Calls for Clarity and Tax Relief in Budget 2026
The Indian crypto industry's plea for tax rationalization highlights how punitive taxation can drive away domestic participation and liquidity. A high TDS (Tax Deducted at Source) and flat 30% tax discourage compliance and push investors to international platforms. Providing a clearer, more reasonable tax framework would likely bring activity onshore, increase government revenue in the long run, and foster a healthier, more transparent domestic crypto ecosystem, benefiting both investors and the national economy.
The Indian crypto industry's plea for tax rationalization highlights how punitive taxation can drive away domestic participation and liquidity. A high TDS (Tax Deducted at Source) and flat 30% tax discourage compliance and push investors to international platforms. Providing a clearer, more reasonable tax framework would likely bring activity onshore, increase government revenue in the long run, and foster a healthier, more transparent domestic crypto ecosystem, benefiting both investors and the national economy.
إخلاء المسؤولية: تتضمن آراء أطراف خارجية. ليست نصيحةً مالية. يُمكن أن تحتوي على مُحتوى مُمول. اطلع على الشروط والأحكام.
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