🇮🇳 Indian crypto investors, we have a problem.
According to The Economic Times, India’s tax department has issued over 44,000 tax notices after identifying more than ₹888 crore in undisclosed crypto income.
Let’s be honest for a second.
The government has built an incredibly efficient system to track crypto transactions, monitor exchange data, cross-check filings and identify tax defaulters.
But where is that same urgency when it comes to fixing the real problems faced by crypto investors?
We still have:
🔹 30% crypto tax
🔹 1% TDS on every transaction
🔹 No set-off for losses
🔹 No clear roadmap for the industry
🔹 And thousands of investors still waiting for resolution after the WazirX incident
It’s frustrating to see world-class systems being built for enforcement while investor concerns continue to be ignored.
Crypto investors are not asking for special treatment.
We’re asking for fair taxation, sensible regulations and better protection for the people helping build this industry.
India deserves a stronger crypto framework.
And Indian crypto investors deserve better. 🇮🇳