India’s Tax Authority Asks Crypto Exchanges for Details of Coins Traded on Their Platforms

Bitcoin.com | Nov 1, 2022 at 3:30 AM
  • India’s tax authority has reportedly asked major cryptocurrency exchanges in the country to provide information pertaining to the coins traded on their platforms.
  • The tax authority is also evaluating the taxability of crypto transactions to determine if the goods and services tax (GST) can be applied to them.
  • The Indian government is currently working on the country’s crypto policy.