Budget 2026 Proposes Penalties for Inaccurate Crypto Asset Reporting
The Union Budget 2026, presented in the Lok Sabha on Sunday by Finance Minister Nirmala Sitharaman, has introduced significant new provisions aimed at strengthening compliance in India’s growing digital asset ecosystem. Among the key announcements are penalties for non-furnishing and inaccurate reporting of crypto-asset transactions, marking another step toward tighter regulation and accountability in the…