Income Tax Department

India Flags Crypto Risks, Cites Tax Enforcement Challenges

The financial authorities from India have restated concerns over crypto transactions and mentioned that they may muddle tax enforcement. The Income Tax Department of India has highlighted major risks associated with crypto activity at the time of a parliamentary standing committee on finance. On January 7, in a parliamentary committee

January 8, 2026 2 mins read

Top Tax-Free Countries for Crypto in 2025

Income Tax Dept of India Probes Crypto Tax Evasion Using Data Analytics

The Income Tax Department of India has commenced an expansive investigation into allegations of evasion of taxes and laundering of unaccounted income through investments of VDAs, including cryptocurrencies. The whole process was kickstarted after a data analytics exercise brought to light massive instances of contraventions of the Income Tax Act

June 14, 2025 2 mins read