Thursday, January 18, 2024

TDS at 1% pushing crypto investors to grey market: Will Budget 2024 reconsider it?

TDS rate on crypto: in Budget 2022, the government brought out rules on how capital gains from different virtual digital assets such as crypto, NFTs will be taxed. Along with this, the government also imposed TDS on buying and selling of crypto. However, the TDS rate is pushing investors to buy and sell it via off market transactions.

from Personal Finance News-Wealth-Economic Times https://ift.tt/j0hyNKD

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