Penalty of Rs 200 per day for Non-Reporting of Crypto Transactions From April 2026

Last updated: 05 February 2026 Follow on Google News

The Government has proposed a new penalty framework for failure to furnish statements or for furnishing inaccurate information relating to crypto transactions. The proposal seeks to enforce reporting obligations under the Income-tax law and introduce deterrence against non-compliance in the rapidly

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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