The new RBI governor maintains the previous crypto stance.
This distrust is reflected in the current tax system in India. Cryptocurrency gains are subject to one of the harshest tax systems in the world, with a 30% tax rate and a 1% TDS on all transactions.

https://www.cnbctv18.com/market/cryptocurrency/rbi-governor-sanjay-malhotra-flagged-risks-to-stability-await-governments-crypto-review-19637555.htm
The new RBI governor maintains the previous crypto stance. This distrust is reflected in the current tax system in India. Cryptocurrency gains are subject to one of the harshest tax systems in the world, with a 30% tax rate and a 1% TDS on all transactions. https://www.cnbctv18.com/market/cryptocurrency/rbi-governor-sanjay-malhotra-flagged-risks-to-stability-await-governments-crypto-review-19637555.htm
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New RBI governor sticks to old policy on crypto - CNBC TV18
India’s existing taxation framework reflects this skepticism. Gains from cryptocurrency transactions are taxed at 30%, with a 1% TDS on all trades—among the strictest regimes globally.
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