Budget 2026: Will India Keep Crypto Innovation at Home or Push It Away?

• Enterprises want clear rules on digital assets to move blockchain projects from pilots to scale.
• The 30% VDA tax and 1% TDS are blamed for shrinking onshore liquidity and pushing trading overseas.
• Leaders are calling for lower TDS, loss set-offs, and higher thresholds to protect small investors.

India’s blockchain and crypto ecosystem is moving into a decisive phase. As the Union Budget 2026–27 approaches, the conversation has shifted from whether crypto should exist to how India plans to keep innovation, capital, and jobs within its borders.

For years, blockchain adoption in India remained limited to pilot projects. That phase is now fading. Enterprises are ready to scale, but policy uncertainty continues to hold them back.

From Speculation to Core Infrastructure

Blockchain is no longer viewed only as a trading tool. Indian companies increasingly see it …

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