Tuesday, February 1, 2022

Budget 2022 levies 30% tax and TDS on crypto assets

TDS will be imposed on payments for the transfer of crypto assets at a rate of 1% for transactions over a certain threshold. Furthermore, gifts of crypto assets will be taxed in the recipient's hands.

from Tax-Wealth-Economic Times https://ift.tt/BHYjsVJRk
on
Labels:

No comments:

Post a Comment

Subscribe to: Post Comments (Atom)