What is TDS?

TDS & Income Tax on Crypto & Virtual Assets

by
TDS & Income Tax on Crypto & Virtual Assets

Cryptocurrencies as a digital asset are becoming popular every day in India. Till now, the government has not made cryptocurrencies legal. However, various tax rules and regulations have been made. This article will guide you all the latest updates about TDS and Income Tax on Crypto and Virtual Assets. What is Cryptocurrency? Cryptocurrency is the … Read more

Cryptocurrency Exchanges to pay 1% TDS from Next Month

by
Cryptocurrency Exchanges to pay 1% TDS from Next Month

A tax deducted at source (TDS) of one percent will be implemented from July 1, 2022, after a 30 percent tax on crypto asset gains, which will take effect on July 1, 2022. There is still a lot of confusion about how the government intends to collect taxes and the different parts of the TDS, … Read more