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Elena Zenth

India keeps 30% crypto gains tax and 1% TDS; new filing penalties start April 1, 2026

India's Union Budget for 2026–27 keeps the 30% tax on crypto gains and the 1% TDS, while adding penalties for reporting failures. The new sanctions take effect on April 1, 2026. Industry leaders voiced concern over growth and compliance costs, while others said clearer reporting rules could improve accountability.