The dream of a lower tax burden was officially shelved as the government maintained its punitive tax structure for the 2026-27 fiscal year:
: The 1% Tax Deducted at Source on all transactions over ₹10,000 continues, acting as a permanent tracking mechanism for the tax department. Regulatory Teeth: The April 1 Compliance Shift A turn for the worse? India’s crypto plan unset...
From , the focus has pivoted from mere taxation to strict reporting and penalties for non-compliance: The dream of a lower tax burden was
: Investors still cannot offset losses from one coin against gains from another. India’s approach to digital assets has shifted from
: All gains from Virtual Digital Assets (VDAs) remain taxed at 30%.
India’s approach to digital assets has shifted from "cautious waiting" to "aggressive enforcement" as of April 2026. While the industry once hoped for tax relief, the 2026 Union Budget has doubled down on its restrictive fiscal policy, prioritizing government-backed tokens over private decentralization. The "New Normal" for Indian Traders