[India Investigates Over 400 Binance Users for Tax Evasion] According to a report by Jinse Finance, Indian tax authorities are investigating over 400 high-net-worth individuals for alleged tax evasion following transactions on Binance. The investigation covers transactions from the 2022-23 fiscal year to the 2024-25 fiscal year. The Indian Central Board of Direct Taxes has instructed local offices to submit progress reports by October 17.