Govt receives ₹60.46 cr tax from TDS on virtual digital assets1 min read . Updated: 13 Dec 2022, 04:21 PM IST
The government had also introduced 1 per cent tax deducted at source (TDS) under section 194S of I-T Act on payments over ₹10,000 towards virtual digital currencies from July 1.ssets
The government on Tuesday said that it has received ₹60.46 crore in the form of taxes from entities for transactions in virtual digital assets (VDAs), including cryptocurrencies, since the introduction of TDS provisions in July.
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