The Latest Breaking News from JB Mohapatra

30% tax on income from crytocurrencies to be applicable from April 1, TDS from July 1: CBDT chief

NEW DELHI: The proposed 30 per cent taxation on income from cryptocurrencies and other virtual assets will come into effect from April 1, Central Board of Direct Taxes chairman JB Mohapatra told news agency ANI on Thursday.

The Times of India · Mar 17, 2022

Crypto Tax Doesn't Legalize Trading: Indian Tax Department Chief

The head of the Central Board of Direct Taxes (CBDT) in India said the recent announcement of a 30% tax on crypto holdings doesn’t necessarily make the crypto trade legal in India.

Benzinga · Feb 2, 2022