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India’s Crypto Sector Pushes for Tax Relief as Government Signals Potential Thaw

India’s Crypto Sector Pushes for Tax Relief as Government Signals Potential Thaw

CoindeskEN
Author:
CoindeskEN
Release Time:
2025-05-27 09:46:00
0

India’s Crypto Industry Lobbies for Tax Cuts as Government Eyes Softening Stance: FT

Crypto execs turn up the heat on New Delhi—just as regulators show signs of warming to digital assets. Will the finance ministry finally stop treating blockchain like a taxable sin?

Behind closed doors: Lobbyists argue current levies strangle innovation while traders flee to friendlier jurisdictions. Meanwhile, bureaucrats dust off their ’blockchain, not Bitcoin’ playbook—because nothing says progress like half-measures.

The kicker? Even if taxes drop, India’s love-hate tango with crypto continues. After all, what’s regulation without a side of whiplash?

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