Nine years of GST reforms added new returns, e-invoicing, reconciliations, and system controls, significantly increasing compliance responsibilities for taxpayers.
Individuals who receive or transfer funds on behalf of others may face prosecution under various Indian laws. The article explains the legal risks, penalties, and regulatory consequences associated with money mule activities.
An overview of India’s crypto tax laws, covering the flat 30% tax on gains, 1% TDS on transactions, and the new 18% GST on exchange service fees.
