India Faces Pressure to Rethink Crypto Taxes Ahead of Union Budget as Trading Shifts Offshore

india crypto taxes

India’s crypto industry is pressing for tax relief ahead of the Union Budget, warning the current framework is pushing trading offshore. A KoinX report said nearly three-quarters of Indian crypto volume flows through foreign platforms, about $6.1 billion (₹51,252 crore), leaving 27.33% on domestic venues. Finance Minister Nirmala Sitharaman presents her ninth consecutive budget on […]