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28Jul 2026

CBDT Tightens Crypto Tax Reporting Rules

CBDT Strengthens Crypto Tax Reporting Through OECD Framework Alignment Why in the News ? The Central Board of Direct Taxes (CBDT) has issued a comprehensive Guidance Note on crypto-asset reporting, aligning India’s tax framework with the OECD’s Crypto-Asset Reporting Framework (CARF). The move aims to improve tax compliance, curb evasion, and enable automatic exchange of …

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03Jul 2025

CBDT Hikes CII to Cut Capital Gains Tax Load

CBDT RAISES COST INFLATION INDEX TO EASE CAPITAL GAINS TAX BURDEN Why in the News? CBDT update: The Cost Inflation Index (CII) has been revised to 376 for FY26, up from 363 in FY25. This adjustment by the Income Tax Department aims to provide relief in capital gains taxation. Taxpayer relief: A higher CII reduces …

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