Crypto asset: How you may save 10% tax on long term capital gains by March 31
‘Crypto tax’: As per one expert view, you will have to pay less tax on capital gains, if the booking is done till 31 March 2022
The new tax laws on crypto and other digital assets will come into effect from 1 April 2022. However, there is no mention of cryptocurrency sales being taxed in Budget 2022 for the current fiscal year. Now, the question arises of how the gain up to March 31, 2022, will be treated as the new provisions will be applicable from FY 2022-23. There could be two views of this situation as there is no clarity in the Budget in this regard.