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Indian Government Sent 100,000 Notices to Citizens Alleging Unpaid Taxes on Crypto Investments

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Fri, 9/02/2018 - 22:37
Indian Government Sent 100,000 Notices to Citizens Alleging Unpaid Taxes on Crypto Investments
Cover image via U.Today
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Big brother is really watching you, at least if you live in India, where the government has sent out letters reminding crypto investors of tax obligations. India’s tax department has reportedly sent out 100,000 notices to known cryptocurrency investors who did not include investment gains on their tax returns. The chairman of the Central Board of Direct Taxes said: “We feel that it is all taxable.”

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