TMI BlogDirect tax deducted at source from transfer of Virtual digital Assets aggregates to Rs. 157.9 crore upto 20th March 2023 for FY 2022-23X X X X Extracts X X X X X X X X Extracts X X X X ..... Direct tax deducted at source from transfer of Virtual digital Assets aggregates to Rs. 157.9 crore upto 20th March 2023 for FY 2022-23 - News and Press Release Dated:- 28-3-2023 - News - The Direct ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tax collected by way of tax deducted at source under section 194S of the Income-tax Act, 1961 , on payments made upon transfer of Virtual digital Assets (VDA), aggregates to Rs. 157.9 crore upto 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 0/03/2023 for FY 2022-23. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today. The Minister stated that Crypto assets ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... are currently unregulated in the country, however, transactions in cryptocurrencies are subjected to provisions of various laws like the Prevention of Money Laundering Act, 2002 and Income-Tax Act, ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 1961 . The Minister further stated that the Financial Stability Board states in its Consultative Document titled Regulation, Supervision and Oversight of Crypto-Asset Activities and Markets, dat ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed October 11, 2022 that investment and activity in the crypto asset market is largely self-contained and is mostly for speculative purposes with limited connections to the real economy. - News - P ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ress release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax ..... X X X X Extracts X X X X X X X X Extracts X X X X
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