Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto

India’s Ministry of Finance has reported uncovering a staggering ₹29,208 crore (approximately $3.33 billion) in hidden foreign assets for 2024-25, along with ₹1,089 crore (roughly $124 million) from undisclosed foreign crypto income. Via the Central Board of Direct Taxes (CBDT), the authority revealed that 5,483 taxpayers filed belated income tax returns (ITR) for the 2024-25 […] The post Part of a $3.3 Billion Sweep, India’s Tax Man Finds $124 Million in Undeclared Crypto appeared first on Coin Edition.