India’s Crypto Crackdown: 75% of Traders Underreport as Tax Dept Links Exchange Data to Returns
India Cracks Down as Crypto Traders Skip Tax Returns India’s tax department has uncovered a massive gap between crypto trading activity and actual tax compliance, with fewer than one in four of the 645,000 identified traders declaring their transactions. The revelation signals that authorities are now cross-referencing exchange data with tax filings, turning a blind…
