𝗜𝗻𝗱𝗶𝗮𝗻 𝗖𝗿𝘆𝗽𝘁𝗼 𝗜𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗪𝗮𝗻𝘁 𝗦𝘁𝗼𝗰𝗸‑𝗟𝗶𝗸𝗲 𝗧𝗮𝘅𝗮𝘁𝗶𝗼𝗻 🇮🇳
A recent CoinSwitch survey reveals how Indian crypto investors want their digital assets taxed.
🔸 61% of crypto investors want crypto taxed like stocks or mutual funds, aligning it with familiar financial instruments.
🔸 Only 17% support keeping a standalone tax regime just for cryptocurrencies.
🔸 66% consider the current crypto tax system unfair.
🔸 Nearly 90% are aware of key tax provisions, including the 30% tax, no loss set‑off, and 1% TDS.
🔸 59% said the current tax framework has reduced their participation in crypto investing/trading.
🔸 A majority call for lower tax rates, loss set‑off provisions, reduced TDS and clearer regulations.
🔸 Regulatory clarity beyond taxation is seen as critical by over 80% of respondents.
Source: CoinSwitch survey, The Economic Times
What's your opinion on the crypto taxation in
India?
#Budget2026 #NirmalaSitharaman