India Tightens Crypto Tax Requirements From April 1, 2026: VDA Requires Line-by-Line Reporting

According to The Times of India, India implemented new income tax requirements on April 1, 2026, requiring stricter reporting for virtual digital assets (VDA). Under Schedule VDA for the FY2025-26 tax year, investors must report each cryptocurrency transaction individually rather than only net gains, covering every trade, exchange, and asset disposal record. The regulatory enforcement has intensified, with tax authorities now placing greater emphasis on data matching and verification against blockchain and exchange records. Failure to completely disclose any crypto asset transaction may trigger compliance review, making data integrity and consistency critical for taxpayers with cross-platform trades and multi-wallet transfers.
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