Today news
About the same in other media
DGGI detects Rs 70-crore tax evasion after crackdown on crypto exchanges
Reading now: 539
moneycontrol.comAfter the massive tax evasion by WazirX, one of the largest cryptocurrency exchanges in India, came to the fore, the Directorate General of GST Intelligence (DGGI) cracked down on crypto exchanges across the country, news agency ANI reported quoting sources.
During the DGGI crackdown, around half a dozen offices of cryptocurrency service providers were searched and massive Goods and Service Tax (GST) evasions were detected.
Tax evasions worth Rs 70 crore were reportedly unearthed by the DGGI and the Mumbai CGST during the crackdown.
Sources told ANI, “The DGGI is investigating Coinswitch Kuber by M/s Bitcipher Labs LLP, CoinDCX by M/s Nebilo Technologies Pvt Ltd, BuyUCoin by M/s I Block Technologies Pvt Ltd, (and) Unocoin by M/s Unocoin
Read more on moneycontrol.comAbout this in other media
Crypto exchanges may tweak code of conduct as bill lags economictimes.indiatimes.com /2 years ago
Top cryptocurrency prices today: Bitcoin, Ethereum slip; Cardano zooms 7% economictimes.indiatimes.com /2 years ago
Singapore cbank issues guidelines to discourage crypto trading by public economictimes.indiatimes.com /2 years ago
Show more
The website finance-news.co. is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
