Nation

Budget 2022: 30% tax on income from crypto, NFTs; digital rupee to be launched by 2023

Name: Budget 2022: 30% tax on income from crypto, NFTs; digital rupee to be launched by 2023
Uploaded: 2022-02-02T08:11:00Z
Description: Finance Minister Nirmala Sitharaman in her Budget Speech 2022 said 30% tax would be charged on income from transfer of virtual digital assets.

In a major boost to crypto players, Finance Minister Nirmala Sitharaman in her Budget Speech 2022 said 30% tax would be charged on income from transfer of virtual digital assets. The FM said no set off would be allowed in case of losses.

From our online archive

Updated:2nd Feb, 2022 at 1:41 PM

Follow The New Indian Express channel on WhatsApp

Download the TNIE app to stay with us and follow the latest

Add TNIE As A Trusted Source

SCROLL FOR NEXT

Budget 2022: 30% tax on income from crypto, NFTs; digital rupee to be launched by 2023

In a major boost to crypto players, Finance Minister Nirmala Sitharaman in her Budget Speech 2022 said 30% tax would be charged on income from transfer of virtual digital assets. The FM said no set off would be allowed in case of losses.

Also Read

POCSO case: Union MoS Bandi Sanjay says son surrendered before Telangana Police

'Sack Dharmendra Pradhan now': Rahul Gandhi demands PM Modi take accountability for NEET UG paper leak

Netherlands returns Chola-era copper plates to India after three centuries abroad

Kuki group demands President’s rule in Manipur after church leaders' killings

Andhra government announces cash incentives for third, fourth child