The 2022-23 Budget has brought in clarity with regard to levy of income tax on crypto assets. From April 1, a 30% I-T plus cess and surcharges, will be levied on such transactions in the same manner as it treats winnings from horse races or other speculative transactions. The Budget 2022-23 also proposed a 1% TDS on payments towards virtual currencies beyond Rs 10,000 in a year and taxation of such gifts in the hands of the recipient. The threshold limit for TDS would be Rs 50,000 a year for specified persons, which include individuals/HUFs who are required to get their accounts audited under the I-T Act. The provisions related to 1% TDS will come into effect from July 1, 2022, while the gains are taxed effective April 1.
Which element commonly found in water is linked to cancer risks?
Which element is denoted by the atomic number 28?
Carbohydrates are organic compounds composed of which elements?
What is the chemical formula for soda ash?
The rate of evaporation increases with ______.
Protons were discovered by
Which of the following statements about the modern periodic table is NOT correct?
Which acid is majorly found in Orange?
Who is known as father of Green Revolution in India?
Which mineral is also known as 'plumbago'?