Indian Finance Minister Nirmala Sitharaman emphasized in her speech on the national budget for 2024-2025 that the taxation rules for cryptocurrencies will remain unchanged. This indicates the Indian government's firm stance on the current tax policies for cryptocurrencies, with no significant adjustments expected in the near future. The aim is to ensure market stability and a fair competitive environment. Despite the crypto industry's request to reduce the controversial Tax Deduction at Source (TDS) policy from 1% to 0.01%, supported by evidence from multiple sources including a study by a think tank, these proposals were not adopted. Additionally, the industry has called for the government to adopt a progressive tax rate for capital gains rather than the current fixed 30% rate, and to allow losses to offset gains to promote healthy market development. Furthermore, the industry expressed support for a multi-agency regulatory framework to enhance compliance and transparency in the cryptocurrency market. However, none of these proposals were realized in this national budget, with cryptocurrency tax rules remaining unchanged.