India’s Budget 2026 keeps crypto taxes, TDS unchanged, adds $545 penalty for lapses

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India's Finance Bill maintains existing tax and TDS framework for cryptocurrencies, while introducing daily fines and a flat penalty for incorrect disclosures.

Market Impact

Market impact analysis based on neutral sentiment with 80% confidence.

Sentiment
Neutral
AI Confidence
80%
Time Horizon
Short Term

Article Context

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The Finance Bill introduced daily fines and a flat penalty for incorrect crypto disclosures while leaving the existing tax and TDS framework untouched.

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Original article published by CoinDesk on February 2, 2026.
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