India's Budget 2026 Focuses on Crypto Tax Reforms and Regulatory Discussions

As Budget 2026 approaches, India's crypto industry seeks clearer regulations and tax reforms to boost innovation and compliance. Industry leaders advocate reducing the 1% TDS on crypto transactions to 0.01% to encourage domestic trading and improve oversight. While tax-reporting measures like Schedule VDA and Section 285BAA enhance post-transaction monitoring, experts highlight the need for comprehensive market regulation addressing investor protection and real-time oversight. The Finance Ministry is reportedly consulting with SEBI and RBI on crypto exchange regulation.