1 min read.Updated: 02 Feb 2022, 07:35 AM ISTLivemint
The Budget 2022-23 also proposed a 1 per cent TDS on payments towards virtual currencies beyond ₹10,000 in a year
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The crypto ecosystem has welcomed Finance Minister Nirmala Sitharaman's proposal for a 30 per cent tax on digital assets. Finance Minister Nirmala Sitharaman on Tuesday said only RBI-issued 'Digital Rupee' will be recognised as currency and the government will levy 30 per cent tax on gains made from any other private digital assets from April 1.
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