Income Tax Department
Current public guidance describes the VDA definition and transfer-income framework with a visible review date.
27 May 2026
India regulation & tax
India crypto regulation and VDA tax context.
Plain-language India crypto regulation context for VDA taxation, reporting, AML and CFT guidance, recordkeeping and implementation status.
Current focus
VDA definitions shape the questions that follow.
Classification, transaction records, withholding, reporting and service-provider duties should be read from current instruments—not inferred from market terminology.
Open the reader’s map
Policy status register
Owned recordsFIU-IND
Updated guidance covers registration, governance, customer due diligence, monitoring, reporting and recordkeeping.
8 Jan 2026
Board of Governors of the Federal Reserve System
Proposals published 29 September 2026 address Board-qualified payment-stablecoin issuer standards and prior-approval application procedures for Board-supervised insured depository institutions seeking a payment-stablecoin subsidiary. They are not final or effective rules; comments are due 29 December 2026.
Date under review
State before interpretation
A proposal, guidance document, enacted rule and effective requirement remain visibly distinct.
India explainer library
Open the category
India Regulation10 min
India’s VDA Tax Framework: A Reader’s Map
A dated overview of key terms, transfer-income treatment, recordkeeping and the questions that require professional review.
India Regulation12 min
FIU-IND and VDA Service Providers: What the Framework Covers
An India-focused overview of reporting-entity scope, customer due diligence, monitoring, recordkeeping and travel-rule context.
India Regulation8 min
Recordkeeping for India-Based VDA Users
A practical structure for transaction histories, transfers, valuations and supporting records across platforms and wallets.
Keep assessment-period records complete
Transaction histories, transfers, values, supporting documents and method notes make later reconciliation more reliable.