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.