The world's leading cryptocurrency trading platform, Binance, has announced its return to the Indian market. However, the giant faces a severe tax challenge as it expands its business. According to India's Goods and Services Tax Act, Binance has been presented with a tax demand of up to $86 million by Indian authorities. This tax demand undoubtedly hinders Binance's business expansion in India. In response to this challenge, Binance needs to find a balance between compliance and business development to ensure stable operations in the Indian market.