What will be the tax implications on Foreign Crypto Exchanges in India

FIU Notice questions income tax on Foreign Exchange transactionsThe Financial Intelligence Unit has sent a notice to foreign crypto exchanges that they must comply with tax laws, including income tax, goods and services tax (GST), and other regulatory requirements set forth by Indian authorities.Tax implications for crypto exchanges in India involve adhering to government... source: https://www.coingabbar.com/en/crypto-currency-news/new-tax-policy-on-foreign-crypto-exchanges-in-india