- India’s crypto exchanges are lobbying for tax reform as sentiment turns less hostile
- The 30% gains tax and 1% TDS remain the biggest pain points
- The Reserve Bank of India has gone from anti-crypto to neutral — a subtle but important shift
You know how a chart goes from rejection to accumulation? That’s what’s happening with India and crypto right now.
After years of aggressive taxation and a hostile stance, something’s changing.
The crypto industry in India is starting to press harder, and this time the government isn’t slamming the door. Maybe it’s because of the global momentum — maybe it’s the Trump effect — but the tone is shifting. Slowly, but noticeably.
Right now, traders and exchanges are stuck dealing with a brutal setup: 30% tax on gains, plus 1% on every single transaction. It’s like trying to trade while losing blood on every entry and exit. And surprise: volumes dried up, talent left, capital moved out.
But here’s the setup: the Reserve Bank, once the loudest bear in the room, has gone silent. Neutral is the new bullish in regulation.
If this continues, we might see India rotate into a new phase — maybe even a breakout. But until taxes come down and frameworks clear up, it’s all pre-breakout noise.
One eye on policy. One eye on the chart.
