Indian Crypto Industry Calls for Tax Policy Reforms Ahead of Budget
Indian Crypto Industry Calls for Tax Policy Reforms Ahead of Budget
Published on
Indian crypto platforms are pushing for a reevaluation of existing tax policies, including transaction-level taxes and restrictions on loss deductions. Industry leaders argue that these regulations are severely impacting market liquidity and hindering growth, as India continues to tighten its crypto compliance framework.
Industry leaders say transaction-level taxes and loss restrictions are draining liquidity as India tightens crypto compliance and enforcement.