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🇮🇳Indian government opens feedback for Union Budget 2026-2027.
CRYPTO HOLDERS, DON'T MISS THIS CHANCE.
Submit your inputs, Link in comments👇
LAST DATE: 16 JAN 2026
Crypto is more than a sector; it’s a worldwide phenomenon🌎
🇮🇳India can benefit from this innovation, draw skilled people, and keep up with digitization by creating a fair & supportive crypto ecosystem
But 30% tax & 1% TDS is greatly hindering it's growth😐
#reducecryptotax
BREAKING: 🇮🇳 CoinDCX CEO Sumit Gupta urges the government for the following crypto tax reforms in Budget 2026
• Slash TDS to 0.01%
• Move crypto tax to income slab system
• Enable loss set-off for investors
Budget 2026 is a chance to reset crypto policy in India!
3 key changes I believe that can help India continue to be a global leader in the crypto space.
1. Standardize TDS at 0.01%: Reduce from 1% uniformly across all exchanges. Lower compliance costs will bring more users back to regulated platforms, keeping transaction visibility under govt purview while eliminating the offshore migration.
2. Align 30% capital gains tax with income slabs: Current flat rate violates tax equity. For example a person earning ₹50k/month shouldn't pay same rate as a person in the highest tax bracket. Progressive taxation can encourage legitimate wealth creation & signals India respects fairness principles.
3. Allow loss offsetting for crypto investors: Individual investors should be able to offset investment losses against other income. This is a standard principle globally. Current framework denies this, creating unfair tax treatment compared to other asset classes.
Compliance drives competition, not the reverse!
As the Finance Ministry initiates its pre-budget consultations, all of us in the sector will also submit our suggestions with renewed vigour and with a promise that the sector is always ready to work in the national interest and play its role in making Viksit Bharat! 🇮🇳🫡
🙏 Our community request to the Finance Minister to change the current crypto tax rules:
❌ Current Rules:
1. Flat 30% Tax
2. 1% TDS
3. No loss setoff
4. Cost of acquisition undefined
✅ Community Proposal:
1. Tax in slabs
2. No TDS or 0.01% TDS
3. Allow loss setoff
Let’s #ReduceCryptoTax! 🚀💰
Introducing Bitway: The Internet Capital Gateway for On-Chain Finance
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Bitway serves as the "Internet Capital Gateway," connecting on-chain liquidity with global financial opportunities. At its core, Bitway offers a suite of specialized products, including Bitway Earn, an on-chain wealth management platform built on the BNB Chain. This platform allows users to access institutional-grade yield opportunities in a transparent and decentralized manner, anytime and anywhere.
To accelerate early adoption, the product launch is supported by the @BinanceWallet Booster Program. In addition to native yield, a Points Program has been introduced, allowing users to earn future rewards in $BTW by staking USDT at https://t.co/8UPjNNuPvA.
ETHGas is introducing the Open Gas Initiative, letting protocols incentivize their users to grow onchain adoption while ending gas fees anxiety for good.
[TAG PROTOCOLS WHO SHOULD JOIN]… are you in? 👀
Join Open Gas: https://t.co/v1xgTl8TG7
https://t.co/ADwApDnStW
Introducing the Open Gas Initiative - a way for protocols to subsidize gas for users, zero-code, for a seamless, frictionless onchain experience.
With OG cohort: @eigencloud, @ether_fi, @pendle_fi, @Velvet_Capital.
👇