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Clarity in Taxation of Virtual Digital Assets Provided! As Per the Finance Act ... - Latest Tweet by PIB India
The latest Tweet by PIB India states, 'Clarity in taxation of Virtual Digital Assets provided! As per the Finance Act 2022, transfer of VDA to be taxed @ 30%, subject to prescribed conditions. TDS @ 1% provided on transfer of VDA.#WideningOfTaxBase #IncomeTaxReforms#NotJustFinance#AatmanirbharForGrowth'
Clarity in taxation of Virtual Digital Assets (VDA) provided!
As per the Finance Act 2022, transfer of VDA to be taxed @ 30%, subject to prescribed conditions. TDS @ 1% provided on transfer of VDA.#WideningOfTaxBase #IncomeTaxReforms#NotJustFinance#AatmanirbharForGrowth pic.twitter.com/vpXQHvQK9N— PIB India (@PIB_India) December 14, 2022
(The above story first appeared on LatestLY on Dec 14, 2022 11:11 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).