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Virtual Digital Assets to be taxed at 30% under income Tax

Budget-2022-23

In recent tweets from PIB, Its proposed in Union Budget 2022-23.

For the taxation of virtual digital assets, I propose to provide that any income from the transfer of any virtual digital asset shall be taxed at the rate of 30%

There was long expectation for digital assets taxation where RBI is also going to issue digital rupee in 2022.

Refer Tweet

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