India Targets Crypto Tax Evasion Through AI and Data Sharing

India’s tax department is going deeper into crypto enforcement. The Central Board of Direct Taxes (CBDT) has confirmed it’s using artificial intelligence and tapping into international data-sharing networks to spot crypto trades that haven’t been reported. India’s crypto tax rules are now backed by global data-sharing networks, making it harder to hide assets overseas. AI.. The post India Targets Crypto Tax Evasion Through AI and Data Sharing appeared first on 99Bitcoins.

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Jul 25, 2025 - 17:00

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India Targets Crypto Tax Evasion Through AI and Data Sharing

India’s tax department is going deeper into crypto enforcement. The Central Board of Direct Taxes (CBDT) has confirmed it’s using artificial intelligence and tapping into international data-sharing networks to spot crypto trades that haven’t been reported. India’s crypto tax rules are now backed by global data-sharing networks, making it harder to hide assets overseas.

AI Joins the Hunt

According to CBDT chairman Ravi Agrawal, the department now runs over 6.5 billion transaction records through AI systems each year. These tools are designed to cross-check what people file against what’s actually happening on crypto exchanges. The goal is simple: flag the differences and catch people leaving things out.