https://www.taxtmi.com/news?id=26384 Direct tax collection by way of Tax Deduction at Source on transfers of Virtual Digital Assets aggregated to the reported sum for the fiscal year to the stated date, applying a withholding mechanism on payments from VDA transfers. Crypto assets remain broadly unregulated as a sector, but transactions are subject to the Income Tax Act and the Prevention of Money Laundering Act; international commentary describes crypto markets as largely speculative with limited connections to the real economy. en-us Tue, 28 Mar 2023 18:28:26 +0530 Tue, 28 Mar 2023 18:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26384 Direct tax collection by way of Tax Deduction at Source on transfers of Virtual Digital Assets aggregated to the reported sum for the fiscal year to the stated date, applying a withholding mechanism on payments from VDA transfers. Crypto assets remain broadly unregulated as a sector, but transactions are subject to the Income Tax Act and the Prevention of Money Laundering Act; international commentary describes crypto markets as largely speculative with limited connections to the real economy. News - Tue, 28 Mar 2023 18:28:26 +0530 https://www.taxtmi.com/news?id=26384