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India Unlikely to See Crypto Tax Reduction in Tuesday's Budget

An unexpected election result and last week's $230 million hack of crypto exchange WazirX appear to have dented any hopes of a reduction in the tax.

Updated Jul 22, 2024, 5:42 p.m. Published Jul 22, 2024, 9:41 a.m.
Finance Minister Nirmala Sitharaman (center) (Indian Ministry of Finance)
Finance Minister Nirmala Sitharaman (center) (Indian Ministry of Finance)