A Turn For The Worse? Indiaвђ™s Crypto Plan Unset... May 2026

India’s approach to digital assets has shifted from "cautious waiting" to "aggressive enforcement" as of April 2026. While the industry once hoped for tax relief, the 2026 Union Budget has doubled down on its restrictive fiscal policy, prioritizing government-backed tokens over private decentralization. The "New Normal" for Indian Traders

: All gains from Virtual Digital Assets (VDAs) remain taxed at 30%. A turn for the worse? India’s crypto plan unset...

: Investors still cannot offset losses from one coin against gains from another. India’s approach to digital assets has shifted from