Binance Hit With $87 Million Tax Bill in India

Publikováno: 6.8.2024

#Taxes #anti-money laundering #Binance #Crypto #Cryptocurrency #DGGI #Financial Intelligence Unit #fiu #goods and services tax #GST #India #Nest Services Limited

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Binance Hit With $87 Million Tax Bill in India

Global crypto exchange Binance has received a goods and services tax (GST) bill of Rs 722 crore ($87 million) in India for non-compliance with the country’s tax regulations. This is the first instance of a cryptocurrency firm facing such scrutiny in India. A source claimed that Binance earned over Rs 4,000 crore from transaction fees […]