Odaily Planet Daily News Binance has questioned the nearly $86 million tax penalty notice issued by the Indian tax department. A person directly involved in the matter revealed that the Indian Directorate General of Indirect Tax Intelligence (DGGI) sent this notice to Binance last week asking for an explanation. The notice involves fees collected by Binance from Indian customers from July 2017 to March 2024. It is reported that DGGI is affiliated with the Indian Ministry of Finance. Binance has not yet responded to this matter. (Coindesk)