India Plans To Reduce Crypto Tax as Exchanges Demand Relief

Krutika Adani

India Eyes Crypto Tax Cut to 0.1%

After years of rigid policies, the government is considering reducing the 1% transaction tax to 0.1%—a major win for local exchanges.

Harsh Taxes Push Users Abroad

CoinSwitch and others argue that the current 30% capital gains tax and 1% TDS have driven 90% of Indian trading volume offshore.

Coinbase & Binance Reenter Indian Market

Global giants return as India reconsiders its stance. Coinbase gains regulatory nod, citing Trump’s pro-crypto stance as a global tailwind.

RBI’s Hardline Softens

The central bank, once a harsh critic, is now more cautious than combative. A new policy paper is awaited, signaling possible reform.

India at a Crypto Crossroads

With rising global acceptance and youth-led demand, India is inching toward a more balanced crypto future—fueled by tax reform and policy resets.

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