No new tax:
No new tax has been imposed on retail investors (Investors/Traders). The same 30% tax and 1% TDS that were already in effect will continue to apply.
Responsibility lies with exchanges:
Crypto Exchanges (such as CoinDCX, WazirX, etc.) will be fully responsible for collecting users’ transaction data and reporting it to the government, not individual investors.
When reporting will start:
Exchanges will have to provide details of the transactions conducted in the year 2026 to the government (Income Tax Department) starting in 2027.
Global rules (OECD CARF):
India has adopted an international framework (CARF). Its purpose is to prevent crypto held abroad and tax evasion.
💡(Summary): There’s no need to panic. The tax rates will remain the same. The government is only asking exchanges for data to ensure everything is transparent and no tax can be hidden.
No new tax has been imposed on retail investors (Investors/Traders). The same 30% tax and 1% TDS that were already in effect will continue to apply.
Responsibility lies with exchanges:
Crypto Exchanges (such as CoinDCX, WazirX, etc.) will be fully responsible for collecting users’ transaction data and reporting it to the government, not individual investors.
When reporting will start:
Exchanges will have to provide details of the transactions conducted in the year 2026 to the government (Income Tax Department) starting in 2027.
Global rules (OECD CARF):
India has adopted an international framework (CARF). Its purpose is to prevent crypto held abroad and tax evasion.
💡(Summary): There’s no need to panic. The tax rates will remain the same. The government is only asking exchanges for data to ensure everything is transparent and no tax can be hidden.
