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CBDT clarifies crypto tax reporting rules for platforms
short by Jessica Rajan / on Monday, 27 July, 2026
The CBDT has issued detailed guidelines requiring Indian crypto platforms and foreign exchanges operating in India to report specified crypto transactions under the Income Tax Rules, 2026. The reporting responsibility rests with exchanges and service providers, not individual users. Providers must report qualifying merchant payment transfers exceeding $50,000 when acting as an agent for customers.
read more at Moneycontrol