India  
 
NewsR.in

Union Budget: Trading in crypto? There is a bigly tax to pay

IndiaTimes Sunday, 2 February 2025
India's Finance Act of 2022 has introduced a 30% tax on income from cryptocurrencies, classified as virtual digital assets. Investors are required to pay 1% TDS on transactions exceeding certain limits and cannot offset cryptocurrency losses against other gains or carry them forward.
0
shares		ShareTweetSavePostSend
 
Video Credit: Oneindia - Published
News video: Budget 2025 Latest: FICCI President calls for capex hike, tax reforms and inflation control

Budget 2025 Latest: FICCI President calls for capex hike, tax reforms and inflation control 02:39

 FICCI President ahead of the Union Financial Budget asserted that the expectations is to increase the Capital Expenditure by 15 percent. While speaking to ANI, he highlighted several sectors that should be included in the Union Financial Budget. “Few of the interesting things that have been...

You Might Like