India uncovers $72 million in hidden crypto income through tax audits
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最新报道：India's tax authorities uncovered ₹630 crore ($72M) in unreported crypto income through audits of virtual digital asset transactions, collecting over ₹705 crore ($80M) in taxes from voluntary disclosures since 2022. Authorities issued 44,000 enforcement notices for non-compliance, leveraging AI tools like NMS and Project Insight to cross-check transaction data. Critics argue the current 30% capital gains tax plus 1% TDS drives traders to offshore platforms, potentially stifling domestic market growth. Experts recommend policy reforms to foster competitive local trading ecosystems, aiming to increase annual crypto tax revenues beyond ₹5,000 crore while supporting innovation.
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