India Targets Crypto Traders with 44,000 Tax Notices
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India Targets Crypto Traders with 44,000 Tax Notices

August 7, 2025
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India has intensified its efforts to rein in tax evasion within the cryptocurrency sector, issuing over 44,000 tax notices to individuals who failed to report or underreported Virtual Digital Asset (VDA) income during the past two financial years. The Income Tax Department’s enforcement drive is part of a broader initiative

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