In a detailed guideline, the Ministry Of Finance provided further details on the 1% TDS applicable to the transfer of cryptocurrencies. The rule will apply to all considerations which exceed Rs. 50,000 in value for certain specified persons and Rs.10,000 for others. The Central Board of Direct Taxes made separate guidelines, applicable to transactions only The post India Clarifies On Crypto Tax, Smart Move or More Burden? appeared first on CoinGape.
