digital assets

For a moment on June 8, the Income Tax department’s portal reflected the TDS on VDAs as 0.1%, down from 1%. In her fiscal budget for FY23 in early February 2022, Finance Minister Nirmala Sitharaman stated that a 30% tax excluding TDS…

Hiding Crypto Assets? 1.5 Yrs Prison, Rs 20 Crore Penalty Under Proposed New Bill As authorities are planning to classify cryptocurrencies as financial assets, the Indian government is considering appointing its capital markets…