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India Launches Major Crackdown on Crypto Traders Over Undisclosed Income

In a major enforcement action, India’s Income Tax Department has sent out thousands of notices to crypto traders who failed to disclose their transactions in their tax returns. According to a recent statement from the Ministry of Finance, the Central Board of Direct Taxes (CBDT) has identified multiple cases of non-compliant crypto transactions. India Takes

The post India Launches Major Crackdown on Crypto Traders Over Undisclosed Income appeared first on CoinGape.

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