1/ India Is Going All-In on Global Crypto Transparency The government is adopting the OECD’s Crypto-Asset Reporting Framework (CARF). This means your crypto trades across ANY platform will become much more visible to tax authorities. 🧵👇

2/ What Changes for You? Section 285BAA: From April 2026, crypto platforms must report detailed user info directly to Indian tax authorities.

3/ What Will Be Reported? Your KYC details, wallet addresses, and trading volumes across both Indian and global exchanges. Every cross-border crypto move: Bitcoin, NFTs, altcoins etc.

4/ What if I Ignore This? Tax authorities will automatically receive offshore crypto data. Dodging reporting can mean: -Back taxes -30% interest -Massive penalties Even jail time for severe TDS lapses

5/ Will My Privacy Be Invaded? Your routine crypto activity remains private and protected. Authorities will only use data for tax compliance not to monitor law abiding users. Tracking and enforcement will target only those trying to dodge rules.

6/ Is This Just About Tax? Not just! The new rules make India’s crypto industry more transparent and fair. Everyone must play by the same reporting rules. There will be no double standards between Indian and foreign exchanges.

7/ How Is the Government Making This Happen? The CBDT is building tech driven systems to track and analyze crypto transactions. Section 285BAA acts as a digital net catching and recording every crypto asset move connected to Indian users.

8/ What Should YOU Do? -Trade honestly: Only use platforms that report as required. -Keep all trading records: Transaction IDs, wallet addresses, volumes. -Report your crypto activity accurately when filing taxes.