News > Next year's I-T return to have separate column for crypt

Next year's I-T return to have separate column for crypt

E-News | 02/02/2022 10:42 PM | Click to read full article

Income tax return forms from next year will have a separate column for making disclosures on gains made from cryptocurrencies and paying taxes.

The government will from April 1 charge a 30 per cent tax plus cess and surcharges, on such transactions in the same manner as it treats winnings from horse races or other speculative transactions.

-