Rajkotupdates.News : Government May Consider Levying Tds Tcs On Cryptocurrency Trading is our today’s topic. Cryptocurrency: According to Arvind Srivatsan of the Tax Department, the government may consider imposing TDS/TCS on the sale and purchase of cryptocurrencies above a certain limit in the upcoming budget. Such transactions should be brought under specific transactions to report to income tax authorities. Furthermore, he stated that income from the sale of cryptocurrency should be taxed at a higher rate of 30%, similar to winnings from game shows, lotteries, puzzles, and so on. Let’s start our topic Rajkotupdates.News : Government May Consider Levying Tds…
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