First reported by en.bloomingbit.io
RBI Reaffirms Near-Ban Stance on Crypto as India Tax Authorities Warn of Evasion Risk
India’s RBI renews anti crypto stance as tax reporting concerns persist
From the article
India’s central bank has renewed its recommendation for a cryptocurrency policy leaning toward prohibition, while tax authorities have warned that offshore trading continues to make crypto tax enforcement difficult. According to internal government documents reviewed by Reuters, the Reserve Bank…
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