Taxation of Virtual Digital Assets Introduced - Transfer of VDA to Be Taxed at 30% ... - Latest Tweet by Prasar Bharati News Services

Taxation of Virtual Digital Assets (VDA) introduced

- Transfer of VDA to be taxed at 30% u/s 115BBH of IT Act, 1961

- TDS at 1% also provided u/s 194S

- Gift of VDA to be taxed u/s 56 in the hands of the recipient@FinMinIndia pic.twitter.com/OzaRKGxMWn— Prasar Bharati News Services & Digital Platform (@PBNS_India) January 4, 2023

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