India has strengthened its oversight of the cryptocurrency sector by introducing detailed tax reporting guidelines for crypto service providers under the Income Tax Act. While the move does not introduce new taxes or regulate digital assets, it marks another step toward greater transparency in the country’s fast-growing crypto ecosystem.

The Central Board of Direct Taxes (CBDT) has released a guidance note explaining how crypto exchanges and other Virtual Digital Asset (VDA) service providers must comply with their reporting obligations.

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India adopts global reporting standards

The new guidance operationalises the Organisation for Economic Co-operation and Development’s (OECD) Crypto-Asset Reporting Framework (CARF), an international system designed to improve tax transparency by helping authorities track cryptocurrency transactions across jurisdictions.

By adopting CARF, India joins several countries working to strengthen tax compliance in the digital asset sector.

Focus remains on tax reporting

The CBDT’s latest guidance does not alter India’s existing taxation framework for cryptocurrencies.

Instead, it provides operational clarity on how crypto exchanges and VDA service providers should report transactions under the Income Tax Act, helping authorities improve transparency and monitor taxable crypto activities more effectively.

Broader crypto policy may be taking shape

The development comes shortly after the Parliamentary Standing Committee on Finance recommended that the government examine the need for a comprehensive legal and regulatory framework for virtual digital assets.

Together, the two developments suggest that India is gradually moving toward a more structured approach to regulating the cryptocurrency industry.

Industry welcomes the guidance

Industry leaders have largely welcomed the CBDT’s move, describing it as an important milestone for the digital asset ecosystem.

Edul Patel, CEO of Mudrex, said the guidance strengthens transparency while bringing India’s reporting framework in line with international standards.

According to Patel, stronger reporting requirements could help policymakers design balanced regulations that protect investors while supporting innovation in the sector.

He added that the crypto industry has consistently sought greater regulatory clarity, and the latest guidance represents meaningful progress toward a comprehensive framework.

Exchanges see greater operational clarity

Vimal Sagar Tiwari, Co-Founder of CoinSwitch, also welcomed the guidance, saying it provides much-needed operational clarity for crypto service providers.

He noted that a standardised reporting framework will make it more difficult to underreport or conceal taxable crypto transactions through compliant platforms.

According to Tiwari, improved reporting standards are expected to strengthen transparency, accountability and trust across India’s digital asset ecosystem while benefiting regulators, exchanges and investors alike.

What the guidance means

Although the CBDT’s notification does not introduce new cryptocurrency regulations, it reinforces the government’s focus on improving tax compliance and reporting standards.

With Parliament also examining the need for broader legislation, the latest move is being viewed as another step toward a more comprehensive policy framework for cryptocurrencies in India.

FAQ

What has the CBDT announced?

The CBDT has issued detailed guidance explaining how crypto exchanges and other Virtual Digital Asset service providers must comply with tax reporting requirements under the Income Tax Act.

Does this change India’s crypto tax rules?

No. The guidance does not introduce new taxes. It focuses on improving reporting obligations and tax transparency.

What is the OECD’s Crypto-Asset Reporting Framework (CARF)?

CARF is an international reporting standard developed by the OECD to help tax authorities monitor cryptocurrency transactions and improve cross-border tax compliance.

Does this mean India will regulate cryptocurrencies soon?

The guidance itself is limited to tax reporting. However, along with recent recommendations from the Parliamentary Standing Committee on Finance, it suggests that India may be moving toward a broader regulatory framework for digital assets.

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WhatsApp Rolls Out New Username Feature To Hide Phone Numbers For Better Privacy

The popular chat app whatasapp introduces a fresh public profile system to protect user identities across devices.

A major privacy update is hitting your chat app today. And first a new handle tool lets you hide numbers completely. So now you can text people using a simple public tag. After that your personal mobile line stays safe from strangers online. Plus this big shift matches features seen on other social networks. Meanwhile the company is rolling out the tool in slow steps. So this fresh option changes how we chat safely.

The tech team spent years testing this profile update. And first initial signs appeared in early code builds long ago. Plus the platform wanted to avoid any bugs on the main servers. Then note that the new tool remains totally optional for users. So you can keep using your standard phone account settings. Meanwhile active profiles can select a unique handle name right now. So this extra choice adds a fine layer of safety.

Strict Formatting Rules for Creating Your New Public Chat Handle

Creating your personal text tag requires following specific system rules. And first the name must use a particular character length count. Next you cannot start your profile handle with regular web strings. Then only small letters and basic numbers work inside the box. So you must pick your personalized chat tag very carefully. Meanwhile special icons remain blocked on the system input lines. Plus these steps protect the main network from spam.

Meta System Integration Details and Potential Identity Links

The fresh update might connect with your broader social accounts. And first users could claim tags already linked on companion apps. So now the center tool validates your main profile name fast. After that this deep link might raise a few privacy questions. Then smart web users must evaluate how they share identical names. Plus crossing handles across apps makes your web trace easy. Target safety goals by using unique profile tags everywhere.

Future Security Upgrades and How to Gain Account Access

Extra safety filters might arrive on your mobile app down the road. And first testers spotted a four-digit lock code option early. Next this secondary tool stops random accounts from sending you text notes. Then the primary firm has not shared a clear launch date. So you should check your main profile settings page every week. Meanwhile look for the fresh name slot below your account photo. Plus this simple update brings massive peace of mind.

Official Summary on App Verification and Safety Settings

Your main phone line still handles core account verification tasks. And first the app needs your mobile digits for regular login steps. Next backup tools also depend on that original data registration line. Then your private contacts will still see your phone info normally. So the handle changes how you interact with brand new chats. Meanwhile the team expects a wide public rollout very soon. So get ready to lock in your preferred name.

💬 System Announcement: Chat Network Core Privacy Desk

“Look, the data from the new build is clear as the profile tool is designed to make your identity experience simpler and more convenient than ever without exposing numbers,” an official post stated online.

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Let’s be real—retirement planning usually feels like a trap where your money is locked away forever.

However, the PFRDA just changed the game for non-government NPS subscribers. Specifically, they’ve eased the exit rules so you can keep more of your hard-earned cash upfront. Consequently, instead of being forced into a massive annuity, you can now withdraw up to 80% of your corpus as a lump sum.

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New rules were implemented this December.The mandatory annuity requirement was slashed to just 20% for those with larger savings. Actually, the thing is, if your total wealth (APW) is under ₹8 lakh, you don’t even have to buy an annuity at all.

Therefore, you can simply walk away with 100% of your money if you’ve hit age 60 or completed 15 years.

The thing is, these rules change depending on how you exit. For instance, if you decide on a “voluntary exit” before you turn 60, the rules stay pretty strict.

In that case, you can only take 20% as cash, while 80% must go into an annuity. On the other hand, if you joined NPS late—at or after age 60—you get a much better deal. Specifically, you can take the whole 100% lump sum as long as your balance is below ₹12 lakh.

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And here’s the kicker. NPS isn’t just a “locked box” anymore. Furthermore, you can now actually pledge your NPS account to get a loan from banks. Moreover, if you are an NRI and decide to give up your Indian citizenship, you’re now allowed to close the account and take everything. Basically, the PFRDA is trying to make NPS feel less like a rigid government scheme and more like a flexible investment tool.

Nevertheless, don’t forget the small print. Since the remaining 20% (for larger accounts) must still buy an annuity, you’ll still have a monthly pension coming in.

Instead of a tidy wrap-up, just know that these rules are finally making the NPS look a lot more attractive for private-sector employees. As a result, your retirement strategy might need a quick update this week…

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Disclaimer: This article summarizes the revised National Pension System (NPS) exit and withdrawal guidelines issued by PFRDA, effective December 2025. While these rules aim for transparency, individual tax implications on withdrawals may vary. Always consult with a certified financial planner or check the official NPS Trust portal for personalized calculations.

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Let’s be real. Flying with pets in India is totally doable, but it takes planning. It’s not a last-minute ticket purchase.

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The Breakdown: Cabin vs. Cargo

The thing is, the decision between the cabin and cargo is purely about weight, and the limits are strict.

• In the Cabin: Only small pets, puppies, and kittens are allowed. The rules vary, but they’re tight. Air India recently updated its rule to allow pets up to 10 kg (including the carrier) in the cabin. Akasa Air also permits up to 10 kg in the cabin. Your carrier must be soft-sided and fit right under the seat, those too.

• The Cargo Hold: If your pet is heavier than the cabin limit, they go in the temperature-controlled cargo hold, which is now generally mandatory on IndiGo flights for pets (except service dogs). You must use a hard-sided, sturdy crate that meets IATA standards for this.

And here’s the kicker: Some airlines have breed restrictions. Short-muzzled dogs and cats—the brachycephalic breeds like Pugs or Persian cats—often cannot fly in the cargo hold at all because of breathing risks at high altitudes. You have to check that specific rule before you book, seriously.

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The Paperwork Game

Forget packing treats; the most important thing is the stack of documents.

• Health Certificate: A vet visit is mandatory, and you need a “fitness-to-fly” certificate issued within 10 days of your travel date. No exceptions.

• Records: Updated vaccination records, especially rabies, are crucial. Keep the originals handy.

• The ID: Your pet needs a visible ID tag on their collar with your contact details, those too. Bring recent photos of your pet, just in case.

Day-of-Travel Tips

• Prep: Start familiarizing your pet with their carrier weeks in advance. Let them associate it with good things—treats and toys.

• Exercise, Not Food: Give your pet a good workout on the travel day to burn off anxiety. Only a light meal 4-6 hours before flying. Avoid sedatives! Most vets and airlines actively discourage them due to health risks during the flight.

• Check-in: Get to the airport at least 2-3 hours early. You have extra formalities to complete. If your pet is traveling in the cabin, you’ll have to take them out of the carrier for security screening. Keep a tight leash, obviously.

The thing is, your calm energy makes a massive difference, so stay positive. With all this planning and the right documents, you and your furry companion will be jet-setting pros in no time. It’s an ongoing effort, but the journey is worth it….

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Disclaimer: This article is based on general airline policies and reported guidelines. Specific rules for pet travel, including weight limits and fees, are subject to change and must be verified directly with the chosen airline before booking.

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Here is the raw data you need, covering the eligibility, dates, and what this job actually pays:

The application window is tight—only 15 days, maybe less depending on the final notification. Don’t miss this.

Key Dates (Set Your Alarm)

The Vacancy Breakdown

Eligibility and Money Talk

• Age Limit: Must be between 21 and 30 years old as of November 30, 2025. Age relaxation applies for OBC (3 years), SC/ST (5 years), and PwBD (10 years).

• Application Fee: This is not free, or nothing. You need to pay online.

  • General/OBC/EWS: ₹1000/-

  • SC/ST/PwBD/OICL Employees: ₹250/-

• The Paycheck: A big reason to apply. The monthly gross emoluments are roughly ₹85,000/- in metropolitan centers. The basic pay scale starts at ₹50,925/-.

The Selection Gauntlet

The process is a three-stage gauntlet, not just one test:

1. Phase I: Preliminary Exam (Objective, 100 Marks, 60 minutes). This is a screening test.

2. Phase II: Mains Exam (Objective + Descriptive Test). This carries the main weight (80%).

3. Phase III: Interview (20% weight).

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1. The situation is continuously deteriorating due to the ongoing conflict between Iran and Israel. In view of this, the Government of India has been taking various steps to ensure the safety of Indian citizens living in Iran for the last few days.

2. In the first phase, the Indian Embassy safely evacuated 110 Indian students from northern Iran on 17 June 2025 and they crossed the border into Armenia. The students reached Yerevan, the capital of Armenia, by road, where the process was completed under the supervision of the Indian Missions in Iran and Armenia. The students left on 18 June 2025 at 2:55 PM in a special aircraft and will reach New Delhi on the morning of 19 June 2025 as part of the initial phase of “Operation Sindhu”.

3. The Government of India thanks the Governments of Iran and Armenia for successfully completing this safe evacuation process.

4. India gives utmost priority to the safety of its citizens living abroad. As part of this ongoing campaign, the Indian Embassy in Tehran is sending a large number of

Amid the ongoing attacks between Israel and Iran, hundreds of Indian students in Iran had appealed to the Modi government to immediately evacuate them. Many students from Jammu and Kashmir are studying in various universities in Iran, including Shahid Beheshti University and Iran University of Medical Sciences.

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India has taken a big action against a Pakistani officer working in the Pakistan High Commission. The Indian government has declared him ‘persona non grata’ after he was found involved in anti-national activities. Regarding this, the Ministry of External Affairs has issued a press release on Tuesday. In the press release, the Ministry of External Affairs said that this officer was working in the Pakistan High Commission in New Delhi and his activities were not in accordance with his official status.

Ordered to leave India within 24 hours

The Indian government has ordered the officer working in the Pakistan High Commission to leave the country within 24 hours. In this regard, formal information has been given to the acting High Commissioner of the Pakistan High Commission.

What is ‘persona non grata’

Persona non grata means ‘person unwanted’. It is a diplomatic or legal term used to declare a person unwanted by a country or organization. This means that the person is not allowed to stay in or enter that country and may have to leave the country.

Punjab police got success

Let us tell you that earlier Punjab Police had also succeeded in exposing an important network related to espionage activities. Regarding this, the DGP of Punjab Police shared a post on the social media platform X. He posted on X and said that in a significant success, Malerkotla Police arrested two persons for alleged involvement in espionage activities linked to a Pakistani officer posted in the High Commission in New Delhi.

Pahalgam attack avenged

Terrorists targeted tourists in Pahalgam, Jammu and Kashmir. 26 people died in this attack. India avenged the Pahalgam attack by destroying 9 terrorist hideouts in Pakistan. India named this action Operation Sindoor. More than 100 terrorists were killed in this. Although Pakistan tried to retaliate, India foiled it as well. India damaged those airbases of the Pakistani Air Force, which Pakistan was very proud of.

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US President Donald Trump has created a stir all over the world by starting a tariff war. He had also announced to impose 27 percent tariff on India but within 24 hours he also reduced it. According to the document released by the White House, the Trump administration has reduced the tariff imposed on India. The documents show that only India has been given this relief from the tariff imposed by the US on 60 countries of the world.

According to White House documents, the US has reduced the 27 percent tariff imposed on India to 26 percent. This tariff will come into effect from April 9 and will be imposed on all goods exported from India to the US. Earlier, while announcing the retaliatory duty, Donald Trump showed a chart showing that now India, China, UK and the European Union will have to pay duty on all their exports. The tariff on India has been reduced by 1 percent because the US has imposed only 50 percent of the tariff imposed by it on each country. If India collects 52 percent, it should have been imposed at the rate of 26 percent but it was imposed at 27 percent by mistake.

Tariff reform or relaxation

The chart released by the US shows that India collects 52 percent duty, which includes currency manipulation and trade barriers, and now the US will collect a concessional retaliatory duty of 26 percent from India. Earlier, the White House documents showed a 27 percent duty on India. It has been updated and reduced to 26 percent. However, looking at the documents, it seems that the US has not given this relaxation in the tariff, but has improved it. Anyway, industry experts say that a reduction of one percent will not have much impact.

US is the largest trading partner

The US was India’s largest trading partner from 2021-22 to 2023-24. The US accounts for about 18 per cent of India’s total textile exports, 6.22 per cent of imports and 10.73 per cent of bilateral trade. With the US, India’s trade surplus (difference between imports and exports) in textiles in 2023-24 was $35.32 billion. It was $27.7 billion in 2022-23, $32.85 billion in 2021-22, $22.73 billion in 2020-21 and $17.26 billion in 2019-20.

What makes the most exports

India’s major exports to the US in 2024 included pharmaceutical manufacturing and biological products ($8.1 billion), telecommunications equipment ($6.5 billion), precious and semi-precious stones ($5.3 billion), petroleum products ($4.1 billion), gold and others included precious metal jewelry ($3.2 billion), cotton ready-made garments including accessories ($2.8 billion) and iron and steel products ($2.7 billion). Similarly, imports included crude oil ($4.5 billion), petroleum products ($3.6 billion), coal, coke ($3.4 billion), cut and polished diamonds ($2.6 billion), electrical machinery ($1.4 billion), aircraft, spacecraft and their parts ($1.3 billion) and gold ($1.3 billion).

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Why were the new rules made?

The Department of Telecommunications (DoT) and the Telecom Regulatory Authority of India (TRAI) have decided to simplify the process of spectrum allocation for satellite broadband services. Under this new rule, satellite service providers will get more convenience in obtaining licenses, which will enable them to quickly expand their networks.

This decision has been taken to promote satellite internet services in India and ensure digital inclusion. The Government of India aims to provide high-speed internet services even in remote areas of the country.

What impact will it have on Elon Musk’s Starlink

Elon Musk’s Starlink is already planning to start its services in India. The new rules will help them set up their network faster. Starlink had already applied for satellite internet services in India and now they are hoping that they will be able to get the license quickly under the new rules. However, there may be some challenges in this process. Big telecom companies like JIO and Airtel are in favor of the auction process and have requested the government to allocate spectrum in a transparent manner.

Small players will get a chance

Some experts believe that the administrative allocation process will also allow smaller players to enter the market, while others see it as a win-win situation for the larger players. Recently, Kumar Mangalam Birla said at the 8th India Mobile Congress, “Satellite broadband providers should also pay license fees, so that competition can be at a level playing field.”

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Source:ncib.in

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