India, July 27 -- The Central Board of Direct Taxes (CBDT) has issued a comprehensive crypto tax guidance note under the Income Tax Rules, 2026, clarifying reporting obligations for crypto platforms, foreign exchanges and Reporting Crypto-Asset Service Providers (RCASPs) while simplifying tax compliance and cross-border transaction reporting.

Key Highlights CBDT releases detailed guidance on crypto tax reporting under the Income Tax Rules, 2026. Compliance responsibility primarily rests with Reporting Crypto-Asset Service Providers (RCASPs). Guidance clarifies reporting of cross-border crypto transactions and retail payment transactions. FAQs included to simplify compliance for crypto platforms and foreign exchanges. New Delhi, July 27:...