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India Crypto Tax Filings Lagged Trading Activity: Reuters
India’s tax department reportedly flagged widespread crypto underreporting, warning that offshore exchanges, private wallets and P2P trades make activity harder to track.
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economictimes.indiatimes.com
RBI backs crypto ban, tax department warns of evasion risks, documents show
India's central bank has reiterated its preference for a cryptocurrency policy "leaning towards prohibition," warning that crypto assets and stablecoins could threaten financial…
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cryptobriefing.com
Reserve Bank of India favors crypto prohibition to curb tax evasion
The RBI wants banks barred from crypto as internal documents show fewer than 25% of Indian crypto traders reported transactions to the tax authority.
