close

Transactions to paper trail: CBDT clears the air on TDS levy on cryptos

From July 1, TDS of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year

Cryptocurrencies
Premium

Cryptocurrencies

New Delhi
The Central Board of Direct Taxes (CBDT) has issued detailed guidelines on facilitating tax deducted at source (TDS) on virtual digital assets (VDA) or crypto assets, under which date of

Also Read

What are virtual digital assets?

At Rs 3.39 trillion, direct tax collection sees a 45% surge: CBDT

CBDT issues fresh guidance on cross-border disputes for taxpayers

CBDT to taxmen: Complete 30% faceless assessments by end-June

No new show cause notices to small taxpayers: CBDT tells officials

CAD reduces sequentially to 1.5% of GDP in Q4 as trade deficit moderates

Plenty of gaps in food inflation control measures, complain industry bodies

Govt to use ration card database for other welfare programmes: Food Secy

A primer on GOI's hidden power centre and why the CSS calls the shots

Big rate hikes to be the global norm as inflation remains a challenge

First Published: Jun 22 2022 | 9:56 PM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com