Question
Under the Income Tax provisions in India, what is the
flat rate of tax applied to the income generated from the transfer of Virtual Digital Assets (VDAs) such as Bitcoin?Solution
The Indian Government imposes a flat 30% tax on any income derived from the transfer of virtual digital assets (cryptocurrencies, NFTs), without allowing deductions for any expenses other than the cost of acquisition.
Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days ___________________
No special treatment can be given to the government when considering an application for stay of the award was held by the Apex Court in the case of?
As per the Competition Act , how often is the Commission required to prepare an annual report on its activities and submit it to the Central Government?...
The doctrine of “Res Gestae” is incorporated under which section of the Indian Evidence Act, 1872?
The amendment to Indian Constitution as per Art. 368 requires :
A. a majority of total membership of each house
B. ratification by half of...
Which of the following is the Appellate Tribunal under the Competition Act?
Spurious goods are:
As per the definition of undue influence under the Contract Act a person is deemed to be in a position to dominate the will of another________________
Takeover/acquisition of shares of listed companies in India are governed by the provisions of
Assurances of property and contracts are made on behalf of the Government in the name of:
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