Finance
Mr. BillionhairBudget 2026: Crypto Investors Hit with New Tax Madness!
Listen up, folks! Budget 2026 is here, and it’s a total disaster for crypto investors! They’re tightening the noose on virtual assets like you wouldn’t believe! You gotta report every little thing—selling, swapping, even moving! Simple transfers? Not so simple anymore! This is all about building trust, folks! I told you so!
few days ago | Amit Kumar
Quick rundown
1.No tax relief for crypto investors in Union Budget 2026.
2.Stronger compliance framework for virtual digital assets.
3.Crypto taxed on economic gain, not just cash conversion.
4.Section 509 penalties target exchanges, not individual investors.
5.One per cent TDS affects liquidity and trading efficiency.
