India has revamped its foreign tax information exchange framework, set to take effect on July 1. The new system requires all requests from foreign tax jurisdictions to be treated as high priority, with a mandate for information sharing within 15 days if available. If full information cannot be provided, tax officers must submit an interim report detailing progress and expected completion timelines. This overhaul aims to enhance the speed, consistency, and quality of cross-border tax intelligence, reducing delays often caused by lack of timely follow-ups. The framework will also improve internal accountability and is part of India's preparation to share details on crypto and digital assets starting April 1, 2027. The changes align with the Organisation for Economic Co-operation and Development's (OECD) Crypto-Asset Reporting Framework, which establishes a global standard for automatic information exchange on crypto transactions. The Directorate General (Investigation) will appoint nodal officers to ensure coordination and follow-up on these requests.