Foresight News reports, according to Cointelegraph, the Indian government has discovered that major cryptocurrency exchanges, including Binance and WazirX, owe a large amount of Goods and Services Tax (GST). Pankaj Chaudhary, Minister of State for Finance, stated that the government found several cryptocurrency exchanges owed 82.4 billion rupees (97 million USD) in GST. Reports indicate that authorities have launched multiple investigations into cryptocurrency exchanges, including WazirX, CoinDCX, and CoinSwitch Kuber. Indian law enforcement had previously demanded that Binance pay 72.2 billion rupees (85 million USD) in back taxes.