crypto tax

TDS on virtual digital assets from July 1: Read CBDT guidelines on crypto tax

[ad_1] New Delhi: The income tax department on Wednesday said the 1 per cent TDS on transfer of virtual digital assets would be levied on net transaction value and the onus of deducting the tax would primarily be on the exchanges. The Central Board of Direct Taxes (CBDT) issued an FAQ on the TDS provisions […]

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Crypto Tax Filing India Guide FY 2022-2023: Tax Implications, Rules, Date, key Points – Explained

[ad_1] Crypto Tax Filing India 2022: The Union Budget 2022 proposed to classify cryptos as virtual digital assets (VDA). Even as crypto has been specified as assets, tax treatment is not like other assets. As per the new crypto tax rule, an individual has to pay a flat 30 percent tax on income earned from

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