Binance, WazirX Among Crypto Firms Caught Evading Taxes in India
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Binance, WazirX Among Crypto Firms Caught Evading Taxes in India

December 4, 2024
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India’s Minister of State for Finance, Pankaj Chaudhary, revealed significant tax evasion by cryptocurrency exchanges, including Binance and WazirX. Authorities have identified 824 crore rupees ($97 million) in unpaid Goods and Services Tax (GST) across 17 crypto firms, sparking multiple investigations. Recovered Taxes and Penalties The Indian government has already

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