BREAKING: Every crypto trade you make in India will now be reported to the government


From April 1, 2026, exchanges must share your full transaction data with the Income Tax Department.
Penalties for non-compliance:
→ ₹200/day (~$2.3) for Missed Reporting
→ ₹50,000 (~$580) for Wrong Data
AI-powered enforcement is coming. Your ITR will be matched against exchange records automatically.
This is not FUD. This is Union Budget 2026.
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin