India’s Taxman To Get Sweeping Digital Surveillance Authority

• The Income Tax Department of India could soon gain powers to monitor people’s crypto holdings.
• The rule is expected to take effect starting April 1st, 2026, and is subject to massive criticism.
• Authorities claim that the move is important to modernize investigation of tax evasion.

India’s Income Tax Department could soon be getting a s fleeting number of digital surveillance powers, that would let them monitor and, if needed, access individuals’ social media accounts and emails all in the name of curbing crypto fraud. 

This move, if approved, is slated to take effect from April 1, 2026. It is part of the Income Tax Bill 2025, which aims to improve the detection of tax evasion and undisclosed assets in the country’s rapidly growing digital economy.

Tax Officials to Access Crypto Holdings

Under Clause 247 of …

The post India’s Taxman To Get Sweeping Digital Surveillance Authority appeared first on Coin Edition.