India To Share Cross-Border Crypto Data From April 2027 to Curb Tax Evasion
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- India plans to share and receive cross-border crypto data to curb tax evasion.
- India will align itself with the global reporting framework, with proposed heavy penalties.
- The move could boost crypto adoption in India as global legalization attracts institutions.
India will start sharing and receiving cross-border crypto transactions in April 2027. The country will align its crypto regulations with the global reporting framework in a bid to catch up with tax evasion, especially through international cryptocurrency exchanges.
India Aligns Its Crypto Rules With Global Framework
According to Indian officials, the country will align itself with the set international reporting rules from the Organisation for Economic Cooperation and Development (OECD) through the Crypto-Asset Reporting Framework (CARF). As such, India will align its crypto rules with the global stand…
Read The Full Article India To Share Cross-Border Crypto Data From April 2027 to Curb Tax Evasion On Coin Edition.
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India To Share Cross-Border Crypto Data From April 2027 to Curb Tax Evasion
Share:
- India plans to share and receive cross-border crypto data to curb tax evasion.
- India will align itself with the global reporting framework, with proposed heavy penalties.
- The move could boost crypto adoption in India as global legalization attracts institutions.
India will start sharing and receiving cross-border crypto transactions in April 2027. The country will align its crypto regulations with the global reporting framework in a bid to catch up with tax evasion, especially through international cryptocurrency exchanges.
India Aligns Its Crypto Rules With Global Framework
According to Indian officials, the country will align itself with the set international reporting rules from the Organisation for Economic Cooperation and Development (OECD) through the Crypto-Asset Reporting Framework (CARF). As such, India will align its crypto rules with the global stand…
Read The Full Article India To Share Cross-Border Crypto Data From April 2027 to Curb Tax Evasion On Coin Edition.
In This News
Funds
Share:
In This News
Funds
Share:
Read More
US and India Sign Interim Trade Deal: What’s the Impact on Crypto?