The Indian government is strengthening its crypto enforcement capabilities on a large scale, providing blockchain forensics training to the FIU-IND (Financial Intelligence Unit), ED (Law Enforcement Bureau), NCB (Drug Enforcement Bureau), I4C (Cybercrime Coordination Center), and the national police system, covering skills such as on-chain fund traceability, asset seizure, and wallet identification. This move coincides with the inclusion of crypto assets in the PMLA's Anti-Money Laundering Act and the taxation policy on crypto income (30% tax rate + 1% TDS withholding), aiming to strengthen compliance, combat money laundering and tax evasion, and accelerate the regulation of virtual digital assets in India from ambiguity to systematic implementation. (financefeeds)

View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)