Krutika Adani
After years of rigid policies, the government is considering reducing the 1% transaction tax to 0.1%—a major win for local exchanges.
CoinSwitch and others argue that the current 30% capital gains tax and 1% TDS have driven 90% of Indian trading volume offshore.
Global giants return as India reconsiders its stance. Coinbase gains regulatory nod, citing Trump’s pro-crypto stance as a global tailwind.
The central bank, once a harsh critic, is now more cautious than combative. A new policy paper is awaited, signaling possible reform.
With rising global acceptance and youth-led demand, India is inching toward a more balanced crypto future—fueled by tax reform and policy resets.