IT Department clarifies rate of TDS on VDA continues to be 1%

Last updated: 09 June 2022

The IT department on Wednesday clarified that theTDSon virtualdigitalassets continues to be 1%. The clarification from the Income Tax comes at a time when earlier in the day some media reports mentioned that theTDSrate for virtualdigitalassets has been dropped to 0.1% from 1% as announced earlier in

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