cryptotax

#Crypto tax seems unfair in india according to other tradings🇮🇳
Indian Crypto Investors Want Stock-Like Taxation 🇮🇳

As India’s crypto ecosystem matures, investor sentiment around taxation is becoming clearer and louder. A recent CoinSwitch survey, reported by The Economic Times, highlights growing dissatisfaction with the current crypto tax framework and a strong demand for reforms that align digital assets with traditional financial instruments.
Strong Preference for Stock Like Tax Treatment 📚
According to the survey, 61% of Indian crypto investors want cryptocurrencies to be taxed like stocks or mutual funds. This reflects a desire for familiarity, fairness, and consistency in tax treatment. Investors believe crypto has evolved beyond speculation and should now be treated as a legitimate asset class, similar to equities.
In contrast, only 17% support a standalone tax regime exclusively for cryptocurrencies, indicating limited appetite for exceptional or harsher treatment of digital assets.
Perception of Unfair Taxation
A significant 66% of respondents consider the current crypto tax system unfair. India currently imposes:
•A flat 30% tax on crypto gains
•No loss set-off or carry forward
•1% TDS on every transaction
While nearly 90% of investors are aware of these provisions, awareness has not translated into acceptance. Instead, the rules are widely seen as discouraging participation rather than ensuring compliance.
Decline in Market Participation
The survey reveals that 59% of investors have reduced their crypto trading or investing activity due to the existing tax framework. High taxes, combined with the inability to offset losses, have made active participation economically unviable for many retail investors.
This reduction in activity not only affects individual investors but also impacts overall market liquidity, innovation, and India’s competitiveness in the global digital asset space.
Key Reforms Investors Are Asking For
A majority of respondents are calling for:
•Lower tax rates
•Loss set-off and carry-forward provisions
•Reduction in 1% TDS
•Clear and consistent regulatory guidelines
Beyond taxation, over 80% of investors believe regulatory clarity is critical for the long-term growth of crypto in India. Investors want transparent rules that encourage responsible participation rather than pushing activity offshore or into informal channels.
Looking Ahead to Budget 2026
With Budget 2026 on the horizon, expectations are rising. Investors hope policymakers, including Finance Minister Nirmala Sitharaman, will consider these insights and adopt a more balanced approachone that protects consumers while fostering innovation.
Treating crypto like stocks or mutual funds could be a pivotal step toward mainstream adoption, higher compliance, and sustainable growth of India’s digital economy.
The message from Indian 🇮🇳 #crypto investors is clear: tax fairness, regulatory clarity, and alignment with traditional financial assets are essential. As digital assets continue to gain relevance, India’s policy decisions will play a crucial role in determining whether the country leads the crypto revolution or watches it move elsewhere.
What’s your view on crypto taxation in India?
#cryptotax

French authorities are probing a major security failure at a prominent crypto tax reporting platform. User data, often including sensitive holdings information required for compliance, may have been exposed.
Bearish. This incident underscores the critical risk of relying on centralized third parties for sensitive financial data. Centralization remains a massive vulnerability, especially when dealing with regulatory requirements. Focus on self-custody and audit your reporting processes immediately.
#CryptoSecurity #DataBreach #CryptoTax #Regulation #BTC
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