Crypto players seek tax relief, regulatory clarity in Budget 2026-27
Major cryptocurrency exchanges are seeking tax relief and regulatory clarity on Virtual Digital Assets (VDAs) from the upcoming Union Budget, according to senior industry executives.
An industry expert, says the VDA sector is ‘naturally’ looking for measured relief, especially since it has been four years since the current taxation framework was introduced. “The decisions taken now can meaningfully accelerate innovation and help India emerge as a global Web3 & VDA leader. The way forward lies in pragmatic reforms that bring users back to compliant platforms while strengthening compliance,” he says.
“A critical first step is ensuring clarity in rules and mandating that all crypto exchanges uniformly implement TDS…
