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The Times of India
The Times of India
Business
PTI

Next year's I-T return to have separate column for crypto income: Revenue secy

NEW DELHI: Income tax return forms from next year will have a separate column for making disclosures on gains made from cryptocurrencies and paying taxes, revenue secretary Tarun Bajaj said on Wednesday.

The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such transactions in the same manner as it treats winnings from horse races or other speculative transactions.

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