‘Hoping for a more direct taxation than expected this tax; looking at concerns related to cryptocurrencies

Trends in direct tax revenue are encouraging so far, and the tax department hopes to raise more than budget estimates, Central Board of Direct Taxes (CBDT) chairman Sangeeta Singh said in an interview with Mayura Janwalkar. Noting the concerns raised over the formulations of the Virtual Digital Asset Taxation Act (VDA), Singh said they are … Read more