As the ongoing financial year 2021-22 draws to a close, there has been a lot of chatter pertaining to crypto-tax in India. The central government in Union Budget 2022 proposed the introduction of a specific tax regime for virtual digital assets. INCOME TAX ON DIGITAL ASSETS FM Sitharama proposed that "any income from the transfer of any virtual digital asset …
ITR Filing: The last date for Income Tax Return filing for AY 2020-21 has been extended by the Income Tax Department. Here're the important things you need to know about Income Tax Return filing ITR Filing: Documents required Form 16 Form 16 is a certificate issued by employer to their employees, specifying the details of tax which has been deducted …