Pushpendra Singh: India issues 44000 crypto tax notices and finds $104 million undisclosed income

Pushpendra Singh: India issues 44000 crypto tax notices and finds $104 million undisclosed income
India cracks down on undisclosed crypto income

Pushpendra Singh, crypto educator and blockchain enthusiast, reports that India has sent out over 44,000 tax notices to crypto investors and uncovered more than $104 million (₹888 Crore) in previously undisclosed crypto income.

According to Singh, the Indian government is now cross-checking investor filings with transaction data directly submitted by crypto exchanges.

Singh has previously reported market volatility, noting that Bitcoin dropped under $60,000 for the first time since October 2024. Earlier this year, he covered the Reserve Bank of India's move to sell $12 billion of gold in May 2026 to support forex reserves. These posts highlight ongoing shifts tracked by Singh across crypto and traditional finance.

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