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CBDT Issues New Tax Reporting Rules for Crypto Exchanges in India

Guavy AI Editorial Team Published July 27, 2026

The Central Board of Direct Taxes (CBDT) has released new compliance guidelines for Indian and foreign crypto exchanges operating in India.

The rules shift the reporting burden to service providers for cross-border and retail transactions, aiming to improve transparency.

This move is part of a broader effort by the government to bring digital asset trading under stricter regulatory oversight.

The CBDT has clarified that Reporting Crypto-Asset Service Providers (RCASPs) must document transactions under the Income Tax Rules, 2026.

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