đ¨ Crypto Drama in India! đ¨
Indian law enforcement agencies have slapped Binance with a hefty $91.9 million (772 crore INR) tax bill. This comes after Binance, along with other offshore crypto exchanges, was banned in India in January 2024 for not playing by the local rules.
But wait, there's more! Binance plans to make a comeback in India after settling its tax dues. The Directorate General of Goods and Service Tax Intelligence (DGGI) issued the first-ever tax demand on a crypto exchange.
Stay tuned for more updates! đ¸
What do you think about Binance's return? Drop your thoughts in the comments!