India tightens tax compliance on crypto and digital assets - News Summed Up

India tightens tax compliance on crypto and digital assets


SynopsisNew rules from January 1 will bring crypto-assets, CBDCs, and electronic money under financial account reporting. Service providers and financial institutions must report transactions and holdings. Banks and depositories will track accounts with greater detail. This aims for better tax compliance on digital assets for non-US accounts.


Source: Economic Times March 06, 2026 18:27 UTC



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