Cryptocurrency trading in India faces a serious challenge. The Indian government has imposed harsh tax policies that many investors deem crippling. Recent reports show a significant trading volume of ₹1 crore in Bitcoin. However, the burdensome tax regime has stunted growth and left many in despair. Investors previously experienced impressive returns averaging 123%. Now, with new tax measures, some label the situation as daylight robbery. Bitcoin ETFs might provide a glimmer of hope for a more favorable investment landscape. With the right changes, the Indian crypto market could see a resurgence. Stakeholders are advocating for reform to stimulate growth and revive investor confidence.