Cryptocurrency Q&A
Why are Indian tax authorities raiding cryptocurrency exchanges?
Why are Indian tax authorities raiding cryptocurrency exchanges?
Raffaele
Tue Jul 16 2024
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6 answers
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CosmicWave
Thu Jul 18 2024
In India, approximately half a dozen of the largest cryptocurrency exchanges have been raided by the tax authorities.
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Elena
Thu Jul 18 2024
The tax authorities have stepped up their efforts in the coming months to scrutinize cryptocurrency exchanges.
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ZenMind
Wed Jul 17 2024
Other exchanges, such as BuyUCoin and Unocoin, also faced scrutiny from the tax authorities.
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SolitudePulse
Wed Jul 17 2024
These raids were conducted under the suspicion of tax evasion, a growing concern for regulators worldwide.
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CryptoBaroness
Wed Jul 17 2024
Some of the exchanges that were targeted include CoinSwitch Kuber, a popular platform for cryptocurrency trading.
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