INDIA AUTHORITIES DETECT TAX EVASION OF 700 MILLION INVESTIGATING TOP EXCHANGES

Indian Authorities Revealed

Indian authorities revealed $97 million in tax evasion by crypto exchanges, including Binance and WazirX, as part of a GST crackdown. Binance owes $85 million in

Indian authority raids cryptocurrency exchanges after massive tax

Binance and WazirX Face Tax Evasion Allegations in India

On Saturday

On Saturday, Central Goods and Services Tax (CGST) Mumbai Zone detected massive evasion of around 700 million rupees during the crackdown on

Indian crypto exchanges searched due to alleged tax evasion

The Inside Story of How India’s Crypto Exchanges Were - CoinDesk

Authorities Investigating The Goods And

Dggi: DGGI cracks down on cryptocurrency exchanges - Times

Authorities investigating the goods and services tax (GST) have so far charged 17 cryptocurrency exchanges with dodging the tax to the tune of INR 824.14 Cr.

17 Crypto Platforms Probed for INR 824 Cr GST Evasion

India Wanted To Regulate Crypto

India wanted to regulate crypto but it had to postpone its plans as the crypto draft bill did not make it to the final winter session of Home; Bitcoin; Ethereum; DeFi;

The ANI story states that authorities detected total tax evasion from the six crypto-related businesses of around US$9.3 million (INR 700 million) and the same amount

India: Authorities detect tax evasion of $700 million; investigating

Binance Faces

Binance, WazirX, and Other Crypto Firms Accused of Tax Evasion

Indian authorities raid cryptocurrency exchanges over alleged tax

Binance faces $86M in unpaid GST demands and scrutiny over $480M in transaction fees reportedly funneled to Nest Services Ltd. India’s Goods and Services Tax (GST) authorities

An Alleged

India recovers US$9M in taxes, fines from crypto exchanges - Forkast

An alleged 700 million rupee tax evasion is under investigation, with over half a dozen crypto exchanges in India being searched.

According to sources, around Rs 70 crore worth of tax evasion has been detected during the crackdown on Cryptocurrency trade by Mumbai CGST and DGGI.

Two Agencies

Indian authorities detect GST evasion of ₹405 million from WazirX and recover ₹492 million in cash. DGGI searches around half a dozen offices of cryptocurrency

Two agencies, five months, five crypto exchanges, 100-plus officers, more than Rs 700 million in tax recovery, and yet the scale of the misdemeanor, excused by