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Tag: Digital assets

GST in Media

Strong vigil at virtual world helped taxman garner over Rs.700 crore during April-Sept 2023

byAdmin11/10/202313/10/2023

As taxman has kept a strong vigil on the income from virtual world sectors like online gaming, virtual digital asset transactions, and the business being run by influencers, finfluencers, YouTubers, etc, these sectors have already started contributing largely to the…

GST in Media

Tax on digital assets could go up, govt mulling GST on crypto mining, supply

byAdmin11/02/202211/02/2022

Source: Economic Times dated 10.02.2022 The government is examining the applicability of goods and services tax (GST) on various cryptocurrency transactions including mining of these digital assets. The issue is being examined internally at the Central Board of Indirect Taxes…

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