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OP 02 January, 2022 - 05:02 AM
Quote:WazirX was acquired by Binance-owned crypto exchange Binance in November 2019. Tax authorities in Mumbai say they have uncovered tax evasion by the exchange. The amount equates to more than $6 million. Other crypto exchanges, including CoinDCX, Unocoin, Coinswitch Kuber and BuyUCoin, have been subject to search and investigation, according to a report from The Economic Times. The move is notable given the still-unsettled regulatory framework for crypto in India today.


Source: https://www.theblockcrypto.com/linked/12...ax-evasion
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