India uncovers $104M in crypto tax evasion

India’s tax department issued 44,000 notices and uncovered Rs 888 crore ($104M) in undisclosed VDA income through automated exchange data checks.

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🤖$TAO is pumping +12.9% to $245.28, holding the middle Bollinger Band zone after bouncing off the $234 support floor. MACD remains solidly in positive territory (MACD: 9.51), confirming underlying strength. As long as $TAO holds above $228, the path of least resistance is up toward the $305 $350 supply zone! 🚀🔥

🎯 Targets: $280 | $305 | $351

🛡️ Support: $228.90



#Teens arrested in crypto home invasion

#Bitcoin money laundering case asset hearing

#Crypto home invasion case expands

#India uncovers $104M in crypto tax evasion

#Kalshi outperforms traditional forecasts



$DASH

$MASKUP

$HMSTR

$1INCH


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$FLOKI / USDT

$FLOKI printed a sharp V shaped bounce right off 0.0000198 support, surging +8.3% back above the short term MAs! Momentum is shifting rapidly in favor of buyers. Reclaiming 0.0000220 will trigger the next leg up! 🐕🔥



#Gold vs Bitcoin in crisis

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#Teens arrested in crypto home invasion

#Western Union acquires Dash

#Bittensor faces decentralization claims



$AXS3S

$XDB

$CCD

$AAVE


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LATEST: NDIA ISSUES 44,000+ CRYPTO TAX NOTICES IN MAJOR CRACKDOWN India’s tax department has issued over 44,000 notices and uncovered ₹888 crore (≈$104M) in undisclosed crypto income during FY 2025–26. The action marks one of the country’s largest enforcement drives against crypto tax non-compliance to date. #India #Crypto #Tax #Regulation

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🇵🇹 PORTUGAL REMAINS ONE OF EUROPE'S MOST BITCOIN-FRIENDLY DESTINATIONS. Bitcoin gains can be taxed at 0% for Portuguese tax residents when BTC is held for more than 365 days. A long-term HODL strategy could mean paying zero tax on profits. 🚀 Is Portugal setting the standard for crypto taxation in Europe? 👀

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Crypto regs heat up: taxes, a CFTC prediction-market proposal, and rising court cases. How will this reshape prices, compliance, and innovation? What’s your take? 💼⚖️ Share your thoughts. #crypto #regulation #policy #CFTC #markets

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Prediction markets Kalshi and Polymarket have filed a lawsuit against the state of Kentucky over the imposed 14.25% tax, claiming the measure unlawfully restricts their operations and harms users. #bitcoin #kentucky

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🇸🇻 EL SALVADOR BECOMES ONE OF THE WORLD’S MOST ATTRACTIVE BITCOIN TAX HAVENS President Nayib Bukele’s latest residency reform slashes the physical presence requirement for temporary residents from 9 months to just 90 days per year. Combined with El Salvador’s territorial tax system, the benefits are significant: • 0% tax on foreign-source income • 0% capital gains tax on Bitcoin • No wealth tax • No inheritance tax • No gift tax A 2024 tax reform explicitly exempted foreign-source income for both residents and non-residents, making the country increasingly attractive to entrepreneurs, investors, remote workers, and digital nomads earning abroad. The incentives extend to businesses as well. Companies operating under qualifying technology export, international services, and free zone regimes can receive up to 15 years of tax exemptions, including relief from corporate income tax, VAT, withholding taxes, import duties, and capital gains taxes. The move further strengthens El Salvador’s position as a global hub for Bitcoiners, entrepreneurs, and internationally mobile capital.

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No way! 😳 El Salvador is taking this way too seriously: Bitcoin profits → 0% tax Foreign income → 0% tax Plus, residency requirements have been significantly relaxed: You can qualify for the program with just 90 days of annual stay 😳 The world’s most BTC-friendly country just got even stronger 🔥 🇯🇵 Japan, please hurry up 😐 $BTC

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India tightens crypto rules, demanding detailed reporting of all transactions including DeFi and wallet activity. This move aims to boost enforcement and transparency. Investors should stay updated on compliance requirements. How will this impact crypto growth? #CryptoIndia #Cryp