Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics 💬
🔧CBDT is investigating tax evasion linked to unreported crypto transactions using data analytics.
🔧Thousands of emails were sent to individuals suspected of underreporting income from Virtual Digital Assets.
🔧India’s crypto tax laws, including a 30% flat rate and 1% TDS, are now being enforced through data matching and NUDGE campaigns.
