ilmscore | Prediction Details
"this section very clearly mentions that if it is about taxation on Virtual digital assets losses cannot be set off against gains and that is why whatever is the gain amount you'll have to pay profit uh you'll have to pay tax on that that to the rate of flat 30%"
By CA Rachana Phadke Ranade | February 5, 2025 | Pending
From video
Budget 2025: Income above ₹12 Lakhs? | Capital Gains | Taxation on Cryptos | CA Rachana Ranade 00:10:47 - 00:11:02
Interpreted Prediction
Losses from virtual digital assets (cryptos) cannot be set off against other gains and tax will be levied at a flat rate of 30% on the gain amount.

Prediction Details

Topic
Taxation of Virtual Digital Assets (Cryptos)

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