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Crypto Tax: 1% TDS Rule on Digital Assets Effective From July 1; Industry Players Say 'Wait and Watch'

As the Reserve Bank of India (RBI) further tightens its stand on cryptocurrencies, the 1 per cent tax deducted at source (TDS) on virtual digital assets (VDAs) and cryptocurrencies came into effect from Friday. Crypto Tax: 1% TDS Rule on Digital Assets Effective From July 1; Industry Players Say ‘Wait and Watch’.
New Delhi Rajagopal Menon Shaktikanta Das Income Tax Department In Indian Reserve Bank It Act

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