07-February-2026
Taxation
 
Crypto assets ‘unregulated in India’, I-T Dept takes action in tax evasion cases: What it means for crypto holders
06-Feb-2026

The government has once again made it clear that crypto assets remain unregulated in India, but that does not mean crypto investors are outside the tax and enforcement net. In a written reply in Parliament, the Finance Ministry said that while the government does not collect data on crypto holdings, tax evasion and illegal use of crypto are being actively tracked and acted upon by multiple agencies.

News Source:- https://www.financialexpress.com/money/crypto-assets-unregulated-in-india-i-t-dept-takes-action-in-tax-evasion-cases-what-it-means-for-crypto-holders-4132339/?ref=personalfinance_hp
 
 
 

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