India's crypto tax collections soar to Rs 437 cr, a 62% jump: Govt data

The Indian government collected ₹437.43 crore in income tax from cryptocurrencies and other virtual digital assets (VDAs) in FY2023-24, a 62.5% jump from the previous year. Officials are using data analytics tools and targeted campaigns like NUDGE to track unreported transactions and crack down on crypto tax evasion

India