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Big Whales' Movements

India Crypto
2026-06-14 07:00:52

India Tightens Crypto Tax Compliance for the 2026 Filing Season

Indian crypto investors face stricter reporting duties in the 2026 tax season. The current framework keeps the 30% capital gains tax, 1% TDS on qualifying transactions, and the ban on offsetting losses across crypto assets, while tax authorities expand automated data checks.

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India Tightens Crypto Tax Compliance for the 2026 Filing Season
India
2026-06-14 06:00:51

Indian Crypto Investors Face Stricter Filing Rules for the 2026 Tax Season

Indian crypto investors are facing tighter reporting and compliance requirements in the 2026 tax season. Under current rules, crypto gains remain subject to a flat 30% capital gains tax, a 1% TDS applies to transactions above a threshold, and investors must report detailed transaction-level records through Schedule VDA in ITR-2 or ITR-3 forms.

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Indian Crypto Investors Face Stricter Filing Rules for the 2026 Tax Season