Crypto exchanges to collect tax residency, ID details of users under new CBDT framework
- Posted on July 26, 2026
- By Business News Today
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- 1 min read
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Crypto exchanges to collect tax residency, ID details of users under new CBDT framework
India now requires crypto exchanges to collect user tax residency details. Digital asset intermediaries must share transaction data annually with tax authorities. This aligns with the OECD's global Crypto Asset Reporting Framework. The Central Board of Direct Taxes issued a detailed compliance framework for reporting. Data sharing with participating jurisdictions begins next financial year.
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