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Fortune India: Business News, Strategy, Finance and Corporate Insight

Chinese-origin crypto exchanges like Binance, KuCoin, Huobi which are notorious for breaking financial laws in many countries are freely operating within India ....

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WazirX CEO Nischal Shetty, Co-founder Siddharth Menon Shift Base to Dubai: Report

Nischal Shetty and Siddharth Menon, co-founders of Indian cryptocurrency exchange WazirX, have shifted their base to Dubai from India ....

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This week in tax: Crypto exchanges fall foul of India's GST law

The Indian government has recovered INR95.86 crore ($958 million) in unpaid GST from 11 crypto exchanges. The Income Tax Department is assessing how foreign and domestic exchanges operate in India. ....

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11 Crypto Exchanges Fined for Tax Evasion in FY22: Indian Minister  11 Crypto Exchanges Were Fined for Tax Evasion FY22: Indian Minister

Crypto exchanges had cited ambiguity around applicable GST slabs resulting in an underassessment of taxes. Crypto exchanges had cited ambiguity around applicable GST slabs resulting in an underassessment of taxes ....

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Government Says Rs 95.86 Crore Recovered From 11 Cryptocurrency Exchanges For GST Evasion

Government on Monday said Rs 95.86 crore have been recovered from 11 cryptocurrency exchanges for evasion of Goods and Services Tax ....

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