The implications of treating Virtual Digital Assets as taxable properties
For the first time in India, the Income Tax Bill, 2025 explicitly treats VDAs as property and capital assets. By defining them as such, India gains the ability to tax, regulate, and seize crypto assets when necessary, preventing their misuse for illicit financial activities
For the first time in India, the Income Tax Bill, 2025 explicitly treats VDAs as property and capital assets. By defining them as such, India gains the ability to tax, regulate, and seize crypto assets when necessary, preventing their misuse for illicit financial activities
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