印度的預算2025-2026承諾將為AI領導的增長，但令數字資產行業失望

印度財政部長尼爾馬拉·西塔拉曼（Nirmala Sitharaman）在2月1日在議會向議會提出了工會預算2025-2026時，對監管以及減少數字資產的稅收保持沉默。

India’s finance minister remained缄默silent on digital assets regulation, taxation in Union Budget

印度財政部長對數字資產法規，工會預算的稅收保持沉默

India’s digital asset sector was hoping for a more supportive regulatory environment. The current policy, which includes a 30% tax on profits and a 1% Tax Deducted at Source (TDS) on transactions, has impacted the digital currency sector negatively, driving traders to offshore platforms and decreasing liquidity and market activity.

印度的數字資產部門希望建立更具支持性的監管環境。當前的政策包括30％的利潤稅和交易來源（TDS）扣除的1％稅，對數字貨幣部門產生了負面影響，促使交易者到海上平台，並降低了流動性和市場活動。

This Union Budget was particularly crucial, as digital asset exchanges in India may face consolidation in 2025. Smaller exchanges could either shut down or merge with larger ones due to the challenging tax structure.

這項工會預算尤為重要，因為印度在2025年可能面臨合併的數字資產交流。由於具有挑戰性的稅收結構，較小的交易所可能會關閉或與較大的交易所合併。

“The Union Budget swept in with the promise of transformation but left the Web3 industry reeling with a slew of unfulfilled expectations and bureaucratic indifference,” Raj Kapoor, founder of India Blockchain Alliance (IBA), told CoinGeek.

印度區塊鏈聯盟（IBA）的創始人拉吉·卡普爾（Raj Kapoor）告訴Coingeek：“工會預算席捲了轉型的希望，但使Web3行業引起了很多未實現的期望和官僚的冷漠。”

“Industry leaders had anticipated a bold regulatory framework that would unleash innovation and attract investment into the dynamic world of blockchain and cryptocurrencies. Instead, they were met with deafening silence—no guidelines, no clarity, just the same opacity that continue to stifle progress,” Kapoor added.

“行業領導者預計將建立一個大膽的監管框架，該框架將釋放創新，並吸引對區塊鍊和加密貨幣的動態世界的投資。取而代之的是，他們遇到了震耳欲聾的沉默 - 沒有準則，沒有清晰度，只是繼續扼殺進步的不透明性。”卡普爾補充說。

According to Sumit Gupta, co-founder of CoinDCX, India is pushing digital transformation through central bank digital currencies (CBDCs), artificial intelligence (AI), and Digital Public Infrastructure (DPI), but lacks a clear stance on Web3 and virtual digital assets.

根據CoindCX聯合創始人Sumit Gupta的說法，印度正在通過中央銀行數字貨幣（CBDCS），人工智能（AI）和數字公共基礎設施（DPI）推動數字化轉型，但缺乏對Web3和虛擬數字資產的明確立場。

“Despite blockchain adoption, crypto remains absent from the policy discussion. Crypto and Web3 are becoming an active part of policy discussions globally, specially in the US, and we need active policy discussions to be included in mainstream economic planning in India,” Gupta said on X.

“儘管採用了區塊鏈，但政策討論仍缺乏加密貨幣。 Gupta在X上說：“ Crypto和Web3正在全球尤其是在美國進行政策討論的積極參與，我們需要積極的政策討論才能包括在印度的主流經濟計劃中。”

In July 2024, CoinDCX, India’s first digital currency unicorn, listed the BSV token for trading on its platform, allowing users to have more ways to buy, sell, and trade BSV.

2024年7月，印度第一家數字貨幣獨角獸Coindcx列出了BSV代幣在其平台上進行交易，使用戶可以擁有更多的購買，出售和交易BSV的方法。

“As digital assets and regulations continue to evolve globally, it is crucial for India to strike the right balance between regulation and growth. As the country works on the discussion paper for crypto policy, the industry is looking towards constructive policy discussions that can position India as a leader in the Web3 economy driving both economic growth and technological progress, rather than an observer,” Edul Patel, co-founder of Mudrex, a fintech startup, said in an emailed statement.

“隨著數字資產和法規繼續在全球發展，印度在監管和增長之間取得適當的平衡至關重要。隨著該國的加密政策討論文件，該行業正在尋求建設性的政策討論，這些政策可以將印度定位為Web3經濟的領導者，促進經濟增長和技術進步，而不是觀察者，” Edul Patel，共同金融科技初創公司Mudrex的創始人在電子郵件聲明中說。

Boosting startups, entrepreneurship

提升初創公司，企業家精神

While the government is indifferent to digital assets trading, it is reinforcing its support for startups and micro, small, and medium enterprises (MSMEs) with significant initiatives in Budget 2025-2026. India announced roughly $1.2 billion in funding for startups in this budget.

儘管政府對數字資產交易無動於衷，但它正在加強對初創企業和微型，中小型企業（MSME）的支持，並在預算2025-2026中具有重要的舉措。印度宣佈在此預算中為初創企業提供大約12億美元的資金。

A new scheme will also be introduced for 500,000 first-time entrepreneurs, including women.

還將為500,000名首次企業家（包括婦女）引入一個新計劃。

“A DeepTech fund of funds will be explored to catalyze the next generation startups,” Finance Minister Sitharaman said in her Budget speech.

財政部長西塔拉曼（Sitharaman）在預算演講中說：“將探索一個資金基金來促進下一代初創公司。”

In July 2024, Sitharaman abolished the ‘angel tax’ to bolster entrepreneurial spirit and support innovation. The angel tax treated investments received by startups from external investors as “income from other sources” and levied a 30% taxation on them. Often short of funds, startups tend to lose money as angel tax would require them to share a significant part of the investment towards paying taxes.

2024年7月，西塔拉曼（Sitharaman）廢除了“天使稅”，以增強企業家精神和支持創新。來自外部投資者的初創公司收到的天使稅處理的投資是“來自其他來源的收入”，並對他們徵收30％的稅款。由於天使稅將要求他們分擔大部分投資以繳納稅款，因此通常沒有資金，因此往往會損失錢。

“The government’s bold creation of a Central Deep Tech Fund promises to be the wind beneath the wings of blockchain innovators,” Kapoor said.

卡普爾說：“政府大膽地創建了一個中央深技術基金會有望成為區塊鏈創新者翅膀下方的風。”

“This fund will pour financial lifeblood into emerging technologies, including the much-vaunted Web3, providing the resources to turn visionary ideas into market-shaping realities. The budget commits to massive investments in infrastructure, ensuring that the digital backbone of the nation is robust enough to support the growth of Web3 startups,” Kapoor added.

“該基金將將金融命脈倒入包括備受競爭的Web3在內的新興技術中，從而提供了將有遠見的思想變成市場形成現實的資源。預算承諾在基礎設施上進行大量投資，以確保美國的數字骨幹足以支持Web3初創公司的增長。” Kapoor補充說。

According to Sanjay Budhia, managing director of Patton Group, a government-recognized export house, “The new classification criteria for MSMEs and steps to improve access to credits for MSMEs and startups will boost manufacturing prowess and improve export competitiveness.”

帕頓集團（Patton Group）的董事總經理桑傑·布希亞（Sanjay Budhia）表示，政府認可的出口房屋：“ MSMES的新分類標準，以及提高MSME和初創企業的信用額度的措施，將提高製造業能力並提高出口競爭力。”

Three Centres of Excellence in artificial intelligence

人工智能卓越的三個中心

“I had announced three Centres of Excellence in artificial intelligence for agriculture, health, and sustainable cities in 2023. Now a Centre of Excellence in Artificial Intelligence for education will be set up with a total outlay of Rs 500 crore ($57.6 million),” Sitharaman said in her Budget speech.

“我宣布了2023年的農業，健康和可持續城市人工智能卓越中心的三個卓越中心。現在，將建立一個人工智能卓越的教育中心，總計500億盧比（5,760萬美元），” Sitharaman在預算演講中說。

According to Avinash Shekhar, co-founder and chief executive of Pi42, a digital currency derivatives platform, the proposals made by the government in the current Union Budget are futuristic, with significant emphasis on innovation and new-age technologies such as artificial intelligence (AI).

根據數字貨幣衍生品平台PI42的聯合創始人兼首席執行官Avinash Shekhar表示，政府在當前工會預算中提出的建議是未來主義的，重點是創新和新時代技術（例如人工智能）（AI（AI） ） ）。

“The fact that India’s future lies in disruptive technologies is well acknowledged. Emphasis on integrating technology across multiple levels of curriculum and education system clearly signals that the government wants the future workforce to be better equipped with all the tech know-hows,” Shekhar said in an emailed statement.

“印度未來的事實在於破壞性技術。 Shekhar在一封電子郵件聲明中說：“強調跨多個課程和教育系統的技術整合，這清楚地表明，政府希望未來的勞動力能夠更好地配備所有技術知識。”

Sitharaman also announced that five National

Sitharaman還宣布了五個國家