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Income Tax Bill 2025: 30% Tax on Transfer of Cryptoassets and NFTs
Update / Judgement Date
16 Feb 2025
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
Income TaxOther Legal Matters
The Income Tax Bill proposes to tax the transfer of crypto assets and NFTs. This clarifies the tax implications of transactions involving these digital assets. It aims to bring these transactions within the tax net and generate revenue for the government.
