Centre Tightens Crypto Rules Under Income Tax Act

The Indian government has tightened crypto rules under the Income Tax Act, but no new taxes or regulations for crypto assets were introduced.
Industry players view the guidance as a significant milestone for clarity.
The move does not signal immediate broader crypto policy changes, raising questions about future regulation.
The tightening focuses on tax compliance rather than outright ban or recognition of crypto as legal tender.
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Adani Group
Gautam Adani
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Wikipedia: Gautam Adani