Download the app
← Latest news

Budget 2026 keeps crypto tax unchanged and traders are furious over missed reforms

Economy
Published on 24 April 2026
Budget 2026 keeps crypto tax unchanged and traders are furious over missed reforms

Industry wanted reforms, but TDS and loss rules stayed

Union Budget 2026 left crypto taxation largely unchanged, retaining a 1% TDS levy and the existing restrictions on setting off losses. The crypto industry has reacted with disappointment, arguing these measures continue to discourage investors and active traders. With reforms expected by many in the sector, today’s fiscal update has fallen short of what participants hoped for.

  • Crypto tax in Budget 2026 stays largely unchanged
  • 1% TDS and loss set off restrictions remain
  • Industry says the rules deter investors and traders
  • Reforms sought by the sector were not introduced
Read the full story at The Economic Times

This summarization was done by Beige for a story published on The Economic TimesThe Economic Times

The full experience is on mobile.

Swipe through stories, personalise your feed, and save articles for later — all on the app.