It has been four years since the “stiff” crypto tax regime was introduced in India. As Finance Minister Nirmala Sitharaman prepares for Budget 2026-27, the crypto industry is united in one demand: level the playing field or risk losing India’s Web3 future to offshore markets.
When Finance Minister Nirmala Sitharaman stands up in Parliament this February, she won’t just be presenting a financial statement; she will be setting an institutional benchmark. Presenting her 9th consecutive budget, she represents a rare era of stability in India’s often volatile economic history.
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