Indian crypto platforms are reportedly advocating for a tax rethink in anticipation of the upcoming February budget. According to reports, industry leaders suggest that transaction-level taxes and loss restrictions are negatively impacting liquidity within the Indian cryptocurrency market. These concerns arise as India increases its focus on crypto compliance and enforcement, leading platforms to seek adjustments to the existing tax framework.

Indian crypto platforms are reportedly advocating for a tax rethink in anticipation of the upcoming February budget. According to reports, industry leaders suggest that transaction-level taxes and loss restrictions are negatively impacting liquidity within the Indian cryptocurrency market. These concerns arise as India increases its focus on crypto compliance and enforcement, leading platforms to seek adjustments to the existing tax framework.