The Indian government has discovered that several major cryptocurrency exchanges, including Binance and WazirX, owe Goods and Services Tax (GST) amounting to 82.4 billion rupees (approximately 970 million USD), involving 17 cryptocurrency companies. The Indian Ministry of Finance stated that it has recovered 1.223 billion rupees (approximately 14 million USD) in taxes, fines, and interest. WazirX, CoinDCX, and CoinSwitch Kuber owe taxes of 4.8 million USD, 1.9 million USD, and 1.7 million USD respectively, with WazirX having paid 5.8 million USD, including fines and interest, while some exchanges like Binance have not yet paid their taxes. A few months ago, Indian law enforcement requested that Binance pay 72.2 billion rupees (approximately 850 million USD) in back taxes. (Cointelegraph)