Monday, 27 July, 2026
No Hiding in the Crypto Shadows: CBDT Mandates Deep User Profiling
By TechShots Studio
Under India’s Income-tax Rules framework aligned with the OECD’s Crypto-Asset Reporting Framework (CARF), crypto exchanges and virtual digital asset (VDA) providers must now collect users' tax residency status and Taxpayer Identification Numbers (TIN). Platforms are required to maintain detailed transaction records and submit annual reports to the Income Tax Department to enhance cross-border tax transparency and curb evasion.
Read full story at CIO ECONOMIC TIMES