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Gift Cards, Reward Points Excluded From Crypto Tax (TDS) From Today

A 1 per cent TDS on virtual digital assets transactions comes into play from today, but a notification gave a list of exceptions.

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Crypto investors alert! TDS on virtual digital assets from July 1: Read CBDT guidelines on crypto tax | Personal Finance News

The Central Board of Direct Taxes (CBDT) issued an FAQ on the TDS provisions on virtual digital assets (VDA) or cyptocurrencies, which was introduced in 2022-23 Budget and will be effective from July 1.

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Income Tax Department rectifies error, sticks to 1% TDS on virtual assets

Income Tax Department rectifies error, sticks to 1% TDS on virtual assets: Check details

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