Binance Hit With $87 Million Tax Bill in India
Submitted by Anonymous (not verified) on Tue, 08/06/2024 - 18:20
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 […]