ilmscore | Budget 2025: Income above ₹12 Lakhs? | Capital Gains | Taxation on Cryptos | CA Rachana Ranade

Budget 2025: Income above ₹12 Lakhs? | Capital Gains | Taxation on Cryptos | CA Rachana Ranade

Published: 2025-02-05
Status: Analyzed

Predictions from this Video

Total: 2
Correct: 1
Incorrect: 0
Pending: 1
Prediction
Topic
Status
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.
"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%"
Taxation of Virtual Digital Assets (Cryptos)
Pending
Individuals can now declare up to two house properties as self-occupied, making them tax-exempt on income from these properties.
"Nirmala Madam in this budget said that you can declare up to two House properties you can declare up to two House properties as self-occupied so assume I have two houses which I don't have I have only one house but assume I have two houses in Pune both I can claim as self occupied and for that I need not pay any tax"
Income from House Properties
Correct