Crypto Storm in India: 🇮🇳
- The Indian government discovered that major crypto exchanges, including Binance and WazirX, evaded GST amounting to 824 crore rupees ($97 million).
- 122.3 crore rupees ($14 million) in taxes and penalties have already been collected.
- Binance and other companies have not yet paid the fines.
- 17 crypto companies are accused of tax evasion, including CoinDCX and CoinSwitch Kuber.