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India finds $72 million in hidden crypto income as tax compliance tightens

India finds $72 million in hidden crypto income as tax compliance tightens

India’s tax authorities have uncovered nearly 630 crore rupees (approximately $72 million) in undisclosed income from crypto-related transactions, ...
Indian traders receive notices as regulators ramp up crypto tax evasion scrutiny

Indian traders receive notices as regulators ramp up crypto tax evasion scrutiny

The Income Tax Department of India has intensified its crackdown on the crypto industry by sending more than 44,000 tax notices to those who did no...
Will India Ever Approve a Bitcoin ETF While Keeping the 30% Crypto Tax?

Will India Ever Approve a Bitcoin ETF While Keeping the 30% Crypto Tax?

India’s Finance Ministry has confirmed that the existing 30% tax on crypto gains will remain in place, with no short-term plan to approve Bitcoin o...
With 100 Million Crypto Users, Indian Exchanges Say It’s Time to Fix the Tax Laws

With 100 Million Crypto Users, Indian Exchanges Say It’s Time to Fix the Tax Laws

Ritesh Pandey (former Member of Parliament in India) is once again advocating for Indian crypto users, pushing to cut the 30% crypto tax, remove th...
Bybit to Impose Additional 18% GST on Trading Fees for Indian Users from July 7

Bybit to Impose Additional 18% GST on Trading Fees for Indian Users from July 7

Crypto tax burden in India to grow as the government is set to impose an additional 18% GST on all crypto trading from July 7. The post Bybit to Im...
No Warning: CoinDCX Delists Major Pairs, Indian Crypto Community Erupts

No Warning: CoinDCX Delists Major Pairs, Indian Crypto Community Erupts

CoinDCX, a leading cryptocurrency exchange in India, has delisted over 50 margin trading pairs without giving its users prior notice.  The sudden m...
Miner Conviction Grows While India Eyes Strategic Bitcoin Reserve

Miner Conviction Grows While India Eyes Strategic Bitcoin Reserve

Bitcoin miners are holding onto their coins despite falling profits, while India’s ruling party is pushing for a national Bitcoin reserve pilot.
India Issues Crypto Tax Notices to Thousands, Seizes $327K in Crackdown

India Issues Crypto Tax Notices to Thousands, Seizes $327K in Crackdown

India’s Income Tax Department has escalated enforcement actions against cryptocurrency tax evaders. They issued notices to thousands of individuals...
Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics

Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics

The Income Tax Department of India has commenced an expansive investigation into allegations of evasion of taxes and laundering of unaccounted inco...
CBDT probes crypto tax evasion in India

CBDT probes crypto tax evasion in India

India's Central Board of Direct Taxes (CBDT) has launched an investigation into unaccounted crypto incomes among traders in the country.