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2022-07-03 14:21:26

New TDS Rules, An Issue For India Crypto Investors?

The post New TDS Rules, An Issue For India Crypto Investors? appeared first on Coinpedia - Fintech & Cryptocurreny News Media| Crypto GuideThe rules regarding Tax deductible at source (TDS) on virtual digital assets (VDAs) and cryptocurrencies are effective from July 1, 2022. According to the rules, it is mandatory for the buyer of VDA to deduct 1 percent of amount paid to the seller (Indian resident). The TDS came into force from July 1 for transactions …

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