Interim Budget 2024: Investment, Cybersecurity top Digital industry s wishlist adgully.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from adgully.com Daily Mail and Mail on Sunday newspapers.
India s cryptocurrency sector is hoping for the introduction of a well-defined legal framework and the regularisation of tax structure in the upcoming interim budget presentation
Cryptocurrency industry s representatives urge the authorities to reduce the 1 percent tax levied on VDA transactions and 30% capital gains tax. They also insist that a regulatory framework with regards to digital currencies is the need of the hour
TDS rate on crypto: in Budget 2022, the government brought out rules on how capital gains from different virtual digital assets such as crypto, NFTs will be taxed. Along with this, the government also imposed TDS on buying and selling of crypto. However, the TDS rate is pushing investors to buy and sell it via off market transactions.
Lack of taxation clarity may cloud resident Indians plans to invest in Bitcoin ETF in US thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.