- Video Views: 26692
- Published On: 2022-02-01 15:11:34
- Video Published/Author: Fin91
- Video Duration: 00:05:13
- Source: Watch on YouTube
#budget2022 #cryptotaxation #neerajarorastockmarket
Hi Guys! Finance Minister Nirmala Sitharaman today while presenting the union budget 2022 proposed to tax income from virtual digital assets at a flat rate of 30 per cent.
She said any income from transfer of any virtual digital asset shall be taxed at 30%. No deductions and exemptions allowed. Also, loss from transfer of such assets cannot be set off against any other income. There will be a 1% tax deductible at source on such transactions and gifts of such assets will also be taxed.
To know more about this in detail watch this video till the end.
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