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It is the suggestion of the Securities and Exchange Board of India (SEBI) to regulate crypto trading platforms by the RBI under the Foreign Exchange Management Act (FEMA). (Statement c is incorrect). Position of the Indian government on Cryptocurrency: Definition for crypto assets: The government in the Union Budget for 2022-23 has for the first time provided a definition for crypto-assets and set out a list of proposals on the taxation of this new asset class. Coverage: The tax proposal covered all emerging digital assets, including non-fungible tokens (NFTs), assets in the metaverse, digital currencies and tokens, among others. Tax deducted at source: The Budget also said a 1% TDS (tax deducted at source) will be applicable on payments made on the transfer of digital assets. Loss from the transfer of virtual digital assets - It will not be allowed to be set off against the income arising from the transfer of another VDA in the proposed amendments. 30 percent tax on income: The government will define virtual digital assets with a view to levying a 30 percent tax on income from all transfers of such assets.
Xiomara Castro was sworn in as the first woman president of ______________.
Which Indian state has the highest density of population per km² according to the Census of 2011?
Articles 14 to 18 of the Indian Constitution deal with:
What is the percentage of Scheduled Castes in the Total Population of Uttar Pradesh?
How many Gram Sabha meetings must be conducted in a year in Uttar Pradesh?
For the first time, which Indian woman has joined the Army Aviation Corps as a combat aviator after completing her training?
A bank listing its Additional Tier 1 (AT1) bonds on an international financial services center (IFSC) is primarily doing so to:
Which city is home to India's first underwater metro section?
What was the growth rate of India's real GDP in Q2 of FY2024-25, as compared to Q1 of the same fiscal year?
Which of the following research organizations will be launching “One Week One Lab” campaign in the month of January 2023 ?