No Crypto Tax Cuts in India Budget 2026, New Penalties Introduced for Non-Compliance

India’s Union Budget 2026 has kept the existing crypto tax framework unchanged, even as the government moved to tighten compliance through stricter penalties. While oversight has increased, industry leaders say the Budget missed a key opportunity to support long-term growth in crypto and Web3. The Finance Bill introduces penalties to enforce reporting under Section 509 … source: https://coinpedia.org/news/no-crypto-tax-cuts-in-budget-2026-new-penalties-introduced-for-non-compliance/