Decentralised finance under taxman’s lens: Government set to levy additional taxes - Economic Times

5/2/2022 12:00:00 AM3 yearsago
by Sachin Dave
by Sachin Dave
The government is looking to levy 20% TDS on these transactions, especially when one of the persons who has entered the contract has not submitted their PAN card details, a person aware of the development said.
Mumbai: Indians earning interest on their cryptocurrencies from platforms outside India have come under taxmans scrutiny, two people familiar with the development said. The tax department is looking… [+2200 chars]
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