BREAKING: ๐Ÿ‡ฎ๐Ÿ‡ณ CoinDCX CEO Sumit Gupta pushes hard for major crypto tax reforms in #Budget2026! ๐Ÿ”ฅ

Key demands to fix the current harsh regime & bring traders back to Indian platforms:

โ€ข Slash TDS from 1% to just 0.01% โ€“ ends capital lock-up, boosts liquidity, stops offshore exodus ๐Ÿ“‰

โ€ข Shift the flat 30% tax on VDAs to the progressive income tax slab system โ€“ fairer for all investors ๐Ÿงฎ

โ€ข Allow loss set-off โ€“ finally let traders offset losses against gains for real protection & better market health ๐Ÿ“Š

Industry leaders (including voices from WazirX & others) echo this โ€“ current rules are driving billions in volume overseas, hurting revenue & transparency. A balanced reset could mean more compliance, higher long-term collections, and growth for India's Web3 scene!

Will the government listen ahead of Budget 2026? Huge potential shift incoming...

Whatโ€™s your view โ€“ game-changer or wishful thinking? Comment below! ๐Ÿ’ฌ

#CryptoIndia #CryptoTaxReform #Budget2026 #CoinDCX #SumitGupta #VDAs #Web3India