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India's proposed bill: Tax authorities will monitor digital activities, including cryptocurrency holdings, starting from April 2026

Online reports, According to The Defiant, under the Income Tax Act 2025, India's income tax department will be given the authority to monitor personal digital activities, including social media accounts, emails and online financial transactions, starting from April 1, 2026. The new powers are designed to enhance the department's ability to detect tax evasion and undisclosed assets, including cryptocurrency holdings. Under section 247 of the bill, tax officials can access digital platforms if they suspect tax evasion. This includes overriding passwords and accessing computer systems and virtual digital spaces when necessary. The move is seen as modernizing tax investigations by using digital forensic technology to track undisclosed income in response to the increasingly digital trend of financial transactions. Experts have expressed concerns about privacy issues, fearing that the broad powers given to tax officials could lead to abuse and violations of privacy rights. The bill is currently being reviewed by a select committee that will consult with stakeholders before finalizing legislation.

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