Tag: Crypto Tax

  • India Probes Crypto Tax Evasion

    India Probes Crypto Tax Evasion

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    Yashika Gupta

    India’s Central Board of Direct Taxes (CBDT) has launched a wide-scale investigation into suspected tax evasion involving cryptocurrencies. This major move comes as government data reveals significant non-compliance in tax filings related to digital assets. The probe is focused on uncovering hidden or unreported crypto earnings and ensuring that individuals and companies involved are held…

  • India Cracks Down on Crypto Tax Evasion, Targets Binance and WazirX

    India Cracks Down on Crypto Tax Evasion, Targets Binance and WazirX

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    Oscar

    The Indian government has uncovered significant tax evasion by major cryptocurrency exchanges, recovering millions in unpaid goods and services tax (GST). This includes actions against industry leaders like Binance and WazirX. $97 Million in Unpaid GST Identified India’s Minister of State for Finance, Pankaj Chaudhary, revealed that authorities have detected ₹824 crore ($97 million) in…