Finance Bill – 2026: Penalty for non-reporting of crypto transactions Introduction: 1. Effective 1 April 2026, India’s Finance Bill 2026 strengthens crypto-asset reporting by substituting Section 446 of the Income-tax Act, 2025, to impose strict penalties. 2. Reporting entities obligated to share information under Section 509 face fines of ₹200/day for late filing and…
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