from July 1, the tax deducted at source (TDS) of 1 per cent will be levied on payments towards virtual digital assets or cryptocurrencies beyond Rs 10,000 in a year. New Delhi: The Central Board of ...

Telephone and Data Systems (TDS) has submitted a non binding proposal to acquire all Array Digital Infrastructure (NYSE:AD) shares it does not already own. If completed, the transaction would make ...

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Gift of VDAs is also to be taxed in the hands of the recipient. The government has collected Rs 157.9 crore as tax deducted at source on payments made from transfer of virtual digital currencies upto ...

The income tax department has come out with detailed disclosure requirements for TDS deductions for virtual digital assets, under which date of transfer and mode of payment will have to be specified.

The government introduced a TDS of 1% on payment for transfer of virtual digital asset to a resident in the Finance Act of 2022.(Reuters) New Delhi: Central Board of Direct Taxes (CBDT) has amended ...

The Finance Act 2022 rolled out two TDS amendments, pertaining to Benefit/ Perquisites and Virtual Digital Assets (VDAs) by introducing section 194R and 194S in the Income-tax Act, 1961 (‘the ...