Crypto sector put forth its demands before Budget 2026
New Delhi. Preparations are underway to present the Union Budget 2026 on 1 February. The Virtual Digital Assets (VDA) sector will also keep an eye on the budget, as the number of cryptocurrency investors in India has increased rapidly. On the other hand, global regulatory frameworks are also changing. In such a situation, stakeholders estimate that Budget 2026 may prove to be a turning point for India's digital asset ecosystem. But right now these are estimates, which also have some demands from crypto stakeholders.
What are the expectations of crypto stakeholders?
Union Finance Minister Nirmala Sitharaman will present the budget on 1 February 2026. People in the crypto industry hope that this will address concerns related to taxation, regulation and compliance for cryptocurrencies and other virtual assets.
What is the demand for crypto firms?
What are the rules now?
The virtual digital assets sector does not want deregulation, but clarity and fairness. Experts say that a transparent regulatory framework and appropriate tax policy can help increase compliance in the VDA sector and create a sustainable, global digital assets ecosystem.
How many crypto investors are there in India?
Today, there are estimated to be more than 150 million crypto users in India, making India one of the fastest growing crypto markets in the world. This growth has created a large digital asset economy, including exchanges, Web3 startups, blockchain developers, and institutional participants.
Also read - The story of the first budget of the Indian Republic, when income tax was levied on the basis of 'four annas-eight annas', those earning this much were exempted.
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