India retains existing crypto tax framework in Budget 2026 amid calls for reform
India has announced its Union Budget 2026, ignoring calls for reform from industry experts to stick to its existing tax framework. According to the details shared by Finance Minister Nirmala Sitharaman, the country did not deem it fit to make any revisions concerning taxes from crypto transactions.
Since the beginning of the year, there have been numerous calls by participants in the crypto industry in India for a review of the current crypto tax framework.
According to most people, the Budget 2026 provided an opportunity for the country to carry out a tax reform that would encourage local and international participation. At the time, industry experts expected the budget to focus on simplification and clarity as the crypto…
