30% tax on crypto income to come into effect from Friday - Shahpur Turk CSC - Common Service Centre in Sonipat 30% tax on crypto income to come into effect from Friday

01 April 2022

30% tax on crypto income to come into effect from Friday

Several income tax proposals, including 30 per cent tax on income from trade in cryptocurrencies will come into effect from Friday. Also, the revised norms for levy of 1 per cent TDS (tax deducted at source) on sale of immovable property exceeding Rs 50 lakh will come into effect from April 1, the beginning of the new financial year.

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