This one-of-a-kind book provides a complete analysis (from an Income-tax & GST perspective) of the new scheme of taxation of Virtual Digital Assets (VDAs), which includes Cryptocurrencies and Non-fungible Tokens (NFTs).
This book helps the reader to understand the following:
⢠Basic Concepts & Ecosystem of VDAs
⢠Difference between the New & the Old Scheme of taxation of VDAs
⢠GST Implications on VDAs
⢠Current Tax Challenges
This book also explains the essential taxonomy of the following:
⢠Crypto Assets
⢠NFTs
⢠Blockchain Technology
⢠Distributed Ledger Technology
⢠Airdrop
⢠Mining, etc.
The Present Publication is the First Edition, authored by Taxmann's Editorial Board. This book is amended by the Finance Act 2022.