As crypto gains popularity in India, regulators are tightening scrutiny to ensure taxes aren’t being dodged. This probe signals that authorities are serious about cracking down on loopholes—something that could rattle casual traders and big investors alike. If you're dabbling in crypto, it’s worth keeping an eye on how this plays out.

The Indian tax authority (CBDT) is investigating potential tax evasion through cryptocurrency investments. Officials suspect some investors are using crypto to hide income or avoid paying taxes, prompting a closer look at transactions and holdings.

CBDT probes ‘evasion’ via crypto investments

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