Indian Crypto Investors Find Tax Regime Unfair, Impacting Trading: Survey
Cryptocurrency
C
CNBC TV18•21-01-2026, 14:53
Indian Crypto Investors Find Tax Regime Unfair, Impacting Trading: Survey
- •A CoinSwitch survey reveals two-thirds of Indian crypto investors deem the current tax regime unfair, despite high awareness of rules.
- •Key provisions like 30% tax on gains, no loss set-off, and 1% TDS are widely known but seen as not reflecting market realities.
- •The tax structure has led 59% of investors to reduce crypto participation, impacting trading volumes and onshore activity.
- •Investors seek rationalisation, not exemption, advocating for lower rates, loss set-off, reduced TDS, and clearer regulations.
- •A majority (61%) prefer crypto taxation similar to equities or mutual funds, highlighting a desire for integration into mainstream finance.
Why It Matters: Indian crypto investors find the tax regime unfair, impacting market activity and driving demand for rationalisation.
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