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Crypto Rally India Seeks Tax Reform

India’s Crypto Industry Pushes for Tax Relief Amid Policy Engagements

  • India’s cryptocurrency sector is intensifying pressure on the government for tax relief.
  • Industry leaders link this push to perceived softening attitudes due to Donald Trump’s potential White House return.
  • Executives report increased engagement with Indian policymakers, now occurring monthly or weekly.
  • Previously, discussions between the industry and policymakers were biannual.

The Indian cryptocurrency industry is advocating for tax changes, citing more frequent interactions with policymakers—now on a monthly or weekly basis compared to past biannual meetings—as a sign of shifting governmental attitudes.

Source (2.6)https://news.bitcoin.com/indias-crypto-sector-rallies-for-tax-change-as-trump-spurs-market-optimism/?rand=52384
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