India’s Tax Dept Targets Crypto Tax Evasion
🇮🇳 CBDT probes unaccounted crypto income, high-risk users in focus
India’s Central Board of Direct Taxes is investigating potential tax evasion via virtual digital assets, including crypto—zeroing in on questionable transactions
Increased IRS-like scrutiny could reveal undeclared gains, signaling tighter regulatory enforcement.
Indian traders—prioritize accurate reporting and KYC compliance.