{"id":996865,"date":"2026-03-07T09:05:47","date_gmt":"2026-03-07T03:35:47","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=996865"},"modified":"2026-03-07T09:50:19","modified_gmt":"2026-03-07T04:20:19","slug":"govt-amends-tax-rules-to-include-crypto-assets-cbdc-in-financial-reporting-framework","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/07\/govt-amends-tax-rules-to-include-crypto-assets-cbdc-in-financial-reporting-framework\/","title":{"rendered":"Govt amends tax rules to include crypto assets, CBDC in financial reporting framework"},"content":{"rendered":"<p>In response to global developments on crypto asset reporting framework and updates to Common Reporting Standard (CRS), the government has amended the Income Tax Rules to widen the reporting framework for financial accounts by bringing crypto assets, central bank digital currency (CBDC) and certain electronic money products within its ambit. <\/p>\n<p>The amendments, notified on March 5, 2026, will take effect from January 1, 2026. The revised rules introduce the concept of relevant crypto-assets, expanding the definition of financial assets to include interests linked to crypto assets. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>In response to global developments on crypto asset reporting framework and updates to Common Reporting Standard (CRS), the government has amended the Income Tax Rules to widen the reporting framework for financial accounts by bringing crypto assets, central bank digital currency (CBDC) and certain electronic money products within its ambit. The amendments, notified on March 5, 2026, will take effect from January 1, 2026. The revised rules introduce the concept of relevant crypto-assets, expanding the definition of financial assets to include interests linked to crypto assets.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-996865","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996865","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=996865"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/996865\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=996865"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=996865"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=996865"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}