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India tightens foreign tax data sharing rules with 15 day deadlines and monthly tracking starting July 1
Economy
Published on 14 May 2026
Foreign tax requests must be answered in 15 days
India has revamped how it exchanges tax information with other countries, effective July 1, tightening timelines and oversight to curb cross-border tax evasion. All foreign tax requests will be treated as high priority, with information shared within 15 days when available. If not, officers must file an interim report within the same period, outlining progress and next steps. Outbound requests will face closer scrutiny and monthly tracking to reduce delays and improve treaty-based compliance, alongside preparations for crypto data sharing from April 1, 2027.
- New framework starts July 1 for foreign tax information exchange
- Foreign requests are labeled high priority under the rules
- Information must be shared within 15 days if available
- Interim reports required within 15 days when full data isn’t possible
- Outbound requests get closer scrutiny and monthly tracking follow-ups
- Crypto and digital asset data sharing planned from April 1, 2027
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times