- mymobilespecs
- According to reports, the Government of India is working on defining how non-fungible tokens or NFTs can be taxed.
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The Indian government, earlier this year, brought virtual digital assets (VDA) under the ambit of taxation.
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At the time, however, there were several aspects that were not clarified, including how NFTs are defined and calculation of the 1% TDS.
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Now, the taxman is reportedly working on guidelines ahead of the first advance tax due date in June ...
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