11 Indian cryptocurrency exchanges suspected of tax evasion
Eleven crypto exchanges in India have been investigated for tax evasion, said Finance Minister Pankaja Chaudhary.
The government has filed suit against 11 cryptocurrency exchanges for alleged tax evasion totaling up to $12.6 million. According to Chaudhary, the violations were identified by GST committees. Unpaid taxes range from $240,000 to $6 million.