Indian crypto holders face 70% tax penalty on undisclosed gains



<p style="float:right; margin:0 0 10px 15px; width:240px;"><img src="https://images.cointelegraph.com/images/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjQtMTIvMDE5MzkxOWEtMjI0Zi03YzQ3LWFhZTEtNTZlMmQxMDdkODY0.jpg"></p><p>India will impose tax penalties of up to 70% on undisclosed crypto gains as part of new regulations under Section 158B of the Income Tax Act.</p>



https://cointelegraph.com/news/indian-cr...er_inbound