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Govt Proposes Amendments To Finance Bill To Tighten Crypto Taxation Norms

As per the amendments to the Finance Bill, 2022, circulated among the Lok Sabha members, the ministry proposes to remove the word other from section relating to set off of losses from gains in virtual digital assets.
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How Proposed 1% TDS On Cryptocurrency Transactions Will Work

The Lok Sabha today approved the Finance Bill, which gives effect to new taxation on transactions involving digital assets. The bill proposes a 30 per cent tax on capital gains out of virtual digital assets. ....

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Crypto tax regime: Taxing for some, enabling for others : Tech News

Crypto tax regime: Taxing for some, enabling for others : Rashtra News #Crypto #tax #regime #Taxing #enabling Beyond the vocal – and visible - retail-facing crypto trading exchanges in India, there is a thriving local blockchain ecosystem valued in excess of $15 billion. But it must hurdle potential barriers to growth in the shape of […] ....

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