India's crypto tax collections soar to Rs 437 cr, a 62% jump: Govt data
The Indian government collected ₹437.43 crore in income tax from cryptocurrencies and other virtual digital assets (VDAs) in FY2023-24, a 62.5% jump from the previous year. Officials are using data analytics tools and targeted campaigns like NUDGE to track unreported transactions and crack down on crypto tax evasion
The Indian government collected ₹437.43 crore in income tax from cryptocurrencies and other virtual digital assets (VDAs) in FY2023-24, a 62.5% jump from the previous year. Officials are using data analytics tools and targeted campaigns like NUDGE to track unreported transactions and crack down on crypto tax evasion
