Policy Reference

India

Explore India’s crypto laws, including exchange rules, taxes, AML compliance, RBI policy, and digital asset regulation.

Financial Intelligence Unit India (FIU-IND)
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Law database

3 law profiles

Law / Bill
Draft Intro Committee Passed Enacted Effective
India Income-tax Act VDA Tax and TDS Regime ITA 1961 ss. 2(47A), 115BBH, 194S; ITA 2025 ss. 2(111), 194, 393 Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Income-tax Act VDA tax/TDS regime: 1961 Act ss. 2(47A), 115BBH, 194S; 2025 Act ss. 2(111), 194, 393

India’s VDA tax/TDS regime applies a 30% tax to VDA transfer income and 1% TDS on resident transfer consideration, now carried into the Income-tax Act, 2025.

Last action: Apr 1, 2026 - Income-tax Act 2025 transition

Profile Income-tax Act, 1961 — section 115BBH and section 2(47A)
India PMLA VDA Service Provider AML/CFT Regime PMLA 2002; S.O. 1072(E); F. No. P-12011/12/2022-ES Cell-DOR Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

Prevention of Money Laundering Act, 2002; VDA service provider AML/CFT notification and FIU guidelines

India PMLA regime treats VDA service providers as FIU-IND reporting entities for AML/CFT/CPF, covering exchange, transfer, custody, issuer services, KYC, records, reporting and Travel Rule controls.

Last action: Mar 30, 2026 - Lok Sabha answer confirmed 54 VDA SPs registered with FIU-IND as of Mar. 9, 2026 and 53 non-compliant VDA SPs directed for takedown.

Profile Gazette Notification S.O. 1072(E)
India FIU-IND AML/CFT Guidelines for VDA Service Providers FIU-IND VDA Guidelines; S.O. 1072(E) Effective Details Draft Draft: Completed Intro Introduced: Completed Committee In committee: Completed Passed Passed: Completed Enacted Enacted: Completed Effective Effective: Current

AML & CFT Guidelines for Reporting Entities Providing Services Related to Virtual Digital Assets

FIU-IND guidance applies India’s PMLA AML/CFT/CPF obligations to VDA service providers, including FIU registration, KYC/CDD, STR reporting, record retention, sanctions screening and Travel Rule controls.

Last action: Jan 8, 2026 - Updated VDA guidelines listed

Profile Updated FIU-IND VDA AML/CFT Guidelines

Information is for general purposes only and not legal advice. See full disclaimer.