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You can earn interest like bank savings account on your Bitcoin walletViewDetails »The government has proposed taxing income from virtual digital assets or VDAs at the rate of 30% in the budget to be applicable from April 1. The government had a meeting on Monday to discuss these issues.The government has so far maintained that taxation of transactions prior to April 1 will be on a case-to-case basis and would be left to assessing officers. However, it has been felt that guidance on this could prevent any confusion. Industry also flagged this issue during its post budget discussions with the government."The department has discussed all the provisions. The Central Board of Direct Taxes, in consultation with the Central Board of Indirect Taxes and Customs, will issue detailed guidelines," a senior finance ministry official told ET.Presented By
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