Crypto exchanges to collect tax residency, ID details of users under new CBDT framework
The Economic Times has reported a new India-focused economy development: “Crypto exchanges to collect tax residency, ID details of users under new CBDT framework.” The publisher's feed describes the story as follows: 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 detaile
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