Booking long term capital gains on crypto assets by March 31 may save you 10% tax

The tax rules on cryptocurrencies and other digital assets will come into effect from the new financial year, i.e., FY2022-23. However, taxation of cryptocurrency sales for the ongoing FY was not mentioned in Budget 2022. ET Wealth online spoke with chartered accountants and tax experts to find out how crypto investors can calculate their liability for FY2021-22 keeping the latest budget proposals in mind.

from Tax-Wealth-Economic Times https://ift.tt/T59CqGmtz