CBDT Issues Guidance on Crypto-Asset Reporting Under Income-tax Act, 2025
The Central Board of Direct Taxes (CBDT) has issued a detailed 198-page guidance note to help crypto-asset service providers comply with reporting obligations under the Income-tax Act, 2025. This aligns India with the OECD's Crypto-Asset Reporting Framework (CARF), endorsed by the G20, to facilitate automatic exchange of tax information on crypto-assets. The guidance clarifies reporting responsibilities for domestic and foreign platforms, requiring collection of user tax residency and identification details, with data sharing starting next financial year. Compliance burdens fall primarily on service providers, not individual investors.
First-hand measurement across 6 sources
We measured how 6 outlets covered this story. No outlet gave this story a measurable political slant — there is no left–right reading to report. Overall sentiment is neutral (59/100). Lens Score 44/100.
Outlets measured: ndtv, indianexpress, thetelegraph, economictimes, businessstandard, mint. See how each one headlined and framed the same story in the source comparison below.
AI Analysis
Sentiment was consistent across outlets (50–65/100), indicating broadly factual reporting rather than editorialising.
Coverage timeline
mint broke this story on 26 Jul, 02:01 pm. Other outlets followed.