An open message to the Indian Government & policy-makers.
India — the land of UPI, the brain behind the world’s biggest IT companies…
But still struggling to accept crypto?
While the world is building Web3, we are busy taxing it out of existence.
Let me break it down — not as a critic, but as a concerned Indian builder.
💥 1. Crypto = Job Engine, Not a Threat
India has over 230+ Web3 startups — building real products, hiring talent, and solving future financial problems.
But you know what’s scary?
> 80% of these founders are shifting to Dubai, Singapore & the US.
Why? Because India gives them taxes, not support.
In contrast, countries like UAE are creating free zones for Web3, offering clarity, low taxes, and grants.
💸 2. Crypto = Revenue Source, Not Black Money
Right now, India is treating crypto like gambling —
🟥 30% flat tax (without loss set-off)
🟥 1% TDS on every trade (killing volume)
But let’s be honest — this isn’t stopping people. It’s just pushing them underground.
People are moving to:
✔️ Offshore exchanges
✔️ VPN-based DEXs
✔️ Peer-to-peer networks
> The result? No tracking. No tax. No control.
Imagine if the government created clarity, not fear — India could earn billions from:
✅ Income tax
✅ Corporate tax from Web3 startups
✅ GST from digital services
⚠️ 3. Current Tax Regime Is Destroying Growth
Let’s compare:
Investment Type Tax on Profit Loss Set-Off TDS
Stocks 10-15% ✅ Allowed ❌ No
Crypto 30% ❌ Not allowed ✅ 1% on every trade
This is not innovation-friendly.
This is innovation-killing.
What should change?
🔸 Lower tax slab (10–15%)
🔸 Remove 1% TDS (or make it annual)
🔸 Allow loss carry-forward like in equities
🧠 4. Crypto Isn’t a Bubble — It’s the New Internet
The same thing happened in the early 2000s.
People said: “Internet is a scam.”
But those who built then… rule the world now.
> Crypto is not just a currency — it's a technology layer — for identity, ownership, payments, governance, gaming, art, voting, and more.
India has the devs.
India has the brains.
India has the market.
All it needs is a push, not punishment.
🗣️ 5. Message to the Indian Government
This is not a protest.
This is a plea for progress.
🇮🇳 India deserves to lead this revolution.
Not watch it from the sidelines.
We urge you to:
✅ Reduce tax to enable innovation
✅ Remove 1% TDS to stop black-routing
✅ Create clear guidelines for Web3 startups
✅ Empower builders, not block them
🛡️ Conclusion: Crypto is India’s Future, Not Its Enemy
The next generation is already building in crypto.
We just need our government to see the opportunity — not the fear.
Let’s not turn away talent.
Let’s not lose billions to foreign economies.
Let’s make India the Web3 Capital of the World.
If you agree with this vision — drop a 🚀 in the comments and tag someone who needs to read this.
Let’s start this conversation — before it’s too late
#IndiaCrypto #IndianCryptoTrends #indian #IndiaCryptoTax
✅ Follow @VIKAS JANGRA for honest crypto insights & future-driven conversations.