INDIA: New Tax Bill Sparks Privacy Fears

The newly proposed Income Tax Bill 2025 could grant tax authorities unprecedented powers to access private digital spaces in suspected tax evasion cases. The sweeping changes, set to take effect from April 2026, have ignited concerns about privacy and state surveillance in the digital era.

Starting April 2026, India’s income tax rules will undergo a significant transformation, granting tax authorities the power to access private digital spaces. The proposed Income Tax Bill 2025 will allow tax officers to override access codes and enter digital platforms if they suspect individuals of concealing income or assets. The move aims to tackle modern tax evasion methods but has sparked widespread privacy concerns.

 

11 October 2024

GREECE: Greek Tax Authorities Say Over 215,000 Tax Evasion Complaints Recorded

The appodixi digital platform produced 28,910 complaints, of which 3,879 are anonymous, and 25,031 are eponymous An online digital platform launched by the Greek tax authorities called “appodixi”

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25 October 2024

EUROPE: European Central Bank researchers’ paper called a ‘declaration of war’ on Bitcoin

In a paper from European Central Bank (ECB) economists Ulrich Bindseil and Jürgen Schaaf, they argue that Bitcoin’s rise in value disproportionately benefits early adopters at the expense of latecomers

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3 January 2025

US: Justice Department asks Supreme Court to reinstate anti-money laundering law

The Justice Department asked the Supreme Court to issue an emergency order reinstating a federal anti-money laundering law as a legal battle plays out in a lower court. Passed in 2021, the Corporate

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26 June 2025

US: Trump Teases More Crypto Action in Prerecorded Coinbase Summit Address

Trump delivered a pre-recorded message to Coinbase’s State of Crypto Summit, marking only his second direct address to the crypto sector as president. He emphasised his commitment to implementing

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