Crypto platform CoinTracker forays into India

On Wednesday, crypto tax compliance and portfolio tracking platform CoinTracker announced its entry into India. The firm’s stance also comes against the backdrop of the government ordering 30% taxation on such transactions with effect from April 1. While announcing the launch of its product in the nation, the company said that beginning today, the cryptocurrency…

India identifies 700 cryptocurrency investors for not paying taxes

The income tax department of India has reportedly targeted around 700 crypto investors who have failed to pay taxes on high-value crypto transactions. According to an official with the nation’s Central Board of Direct Taxation, they have a long list of people who were dealing in crypto assets but weren’t paying tax. The list includes…