9 articles
India's Union Budget 2025-26 expands the VDA definition to cover crypto assets and mandates third-party reporting from April 2026, with parallel changes to TDS, the updated-return window, and individual income tax slabs that directly affect payroll and global mobility costs.
Tax enforcement gap in India and Israel exposes serious crypto accounting and compliance risks for firms serving clients in both jurisdictions
Multi-jurisdiction Asia regulatory sweep: RBI ring-fences banks from crypto, Russia's digital ruble targets September, Dubai leads VASP licensing, Taiwan passes crypto law, and Kazakhstan bets on blockchain infrastructure
Multi-jurisdiction regulatory sweep across Asia and the Gulf: licensing expansions, new crypto laws, CBDC launches, and OFAC sanctions with direct accounting and compliance implications for firms serving these markets
RBI revives banking isolation strategy for crypto, signalling renewed containment risk for firms with Indian banking exposure or cross-border settlement arrangements
SEBI's relaxation of PAIA certification for non-core services reduces barriers for crypto advisory, but robust compliance via crypto accounting software remains essential.
SEBI's new guidelines for AIF winding-up and inoperative fund status create additional compliance obligations for fund accountants; crypto fund accounting software can automate retention and reporting.
SEBI India's new ETF norms impose stricter trading and settlement rules, which indirectly affect crypto funds that trade ETFs; crypto fund accounting software can streamline compliance.
SEBI's new 'Significant Indices' designation may require crypto index providers to comply with additional regulations, impacting how crypto accounting software handles index data for reporting.