The Income Tax Department's website on Wednesday updated its document on TDS, reiterating that the tax deductible at source on virtual digital assets or VDA remains at 1%, as informed in the this year ...

from July 1, the tax deducted at source (TDS) of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year. New Delhi: The Central Board of ...

After the 30% tax rate, now cryptocurrency investors will also face a 1% tax deducted at source (TDS) on their assets.(REUTERS) The much-needed clarification on taxation on cryptocurrency assets in ...

New Delhi, Jun 22 (PTI) The income tax department has come out with detailed disclosure requirements for TDS deductions for virtual digital assets, under which date of transfer and mode of payment ...

The income tax department has come out with detailed disclosure requirements for TDS deductions for virtual digital assets, under which date of transfer and mode of payment will have to be specified.

The CBDT has notified TDS returns in Form 26QE and Form 26Q for specified persons and others, respectively, along with Form 16E to be issued by the deductor. The Union Budget, 2022 introduced taxation ...

Experts have called for rationalisation of tax deducted at source on digital asset transfers, saying the levy locks up liquidity and the government will likely lose out on revenue as transaction ...