technology medium fill in the blank

The Indian tax provision that imposes 30% tax on income from virtual digital assets is Section ________.

  1. 115BBH
  2. 20
  3. 26.5-40
  4. 4.0

Answer: 115BBH

Section 115BBH taxes crypto income at 30% plus cess, with 1% TDS on transactions.

Topic Cloud-Native Security
Exam Relevance Banking, SSC, UPSC

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