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by: xpoolPosted on: October 13, 2025

India Investigates Over 400 Binance Traders for Crypto Tax Evasion

The Indian Income Tax Department is scrutinizing over 400 high-net-worth individuals who trade cryptocurrency on Binance for alleged tax evasion related to their profits in the fiscal year 2022-23. This investigation targets undisclosed gains from crypto transactions. The aim is to enforce compliance with India’s tax regulations, which could significantly impact traders’ behavior and overall market dynamics.

Related posts:

  1. India Cracks Down on Crypto Tax Evasion in Enforcement Drive
  2. Indian Cryptocurrency Exchanges Under Investigation for Misusing Client Funds
  3. India Investigates Over 400 Binance Traders for Crypto Tax Evasion
  4. India Cracks Down on Crypto Taxation with Probe of Binance Users
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