India Strengthens Communication on Cryptocurrency Tax Policies, Holds Formal Dialogue for the First Time

According to HashChain news, Bitinning founder Kashif Raza posted on the X platform stating that the Indian CBDT (Income Tax Department) has begun communication with local cryptocurrency exchanges, requesting feedback on issues such as VDA (Virtual Digital Assets) regulation, outflow of trading volume, tax framework, loss deductions, the impact of the 30% tax rate, difficulties in TDS implementation, and tax fairness between domestic and foreign exchanges. This marks the first formal dialogue in India regarding cryptocurrency tax policies.