Click it and Unblock the Notifications
Just In
Don't Miss
-
1:3 Bonus Share, Rs 13.25/Share Dividend: Buy Maharatna PSU, TP Rs 355, Fundraise Approved -
Kamada Ekadashi 2024 Wishes: Greetings, Messages, Texts, Images, Twitter Status And Instagram Captions -
Who Won Yesterday's IPL Match 33? PBKS vs MI, IPL 2024 on April 17: Mumbai Indians Escape Last-Ditched Fight by Punjab Kings To Win -
Do Aur Do Pyaar OTT Release Date & Platform: When & Where To Watch Vidya Balan’s Film After Theatrical Run? -
Aprilia RS 457 Accessories: A Detailed Look At The Prices -
Karnataka SSLC Result 2024 Soon, Know How to Check Through Website, SMS and Digilocker -
Nothing Ear, Ear a With ANC, Up to 42.5 Hours of Battery Launched; Check Price and Availability -
Telangana's Waterfall: A Serene Escape Into Nature's Marvels
'Those earned from Bitcoins, would have to pay tax', says CBDT chairman Sushil Chandra
Central Board of Direct Taxes (CBDT) Chairman Sushil Chandra on Tuesday said that Bitcoin, would have to pay tax and action will be taken against those who don't pay.
Speaking ot ANI, Chandra said,''Those who have earned from Bitcoin, would have to give tax. Their source of income would also be asked and if they don't pay tax, action will be taken against them.''
CBDT, or Central Board of Direct Taxes is the statutory body that provides inputs for policy and planning of direct taxes in India.
Finance Minister Arun Jaitley, in his Budget speech on Thursday, had said that all types of crypto currencies, including bitcoins, are illegal and the government will take all measures to eliminate their use.
The I-T Department has a target to collect Rs. 9.8 lakh crore revenue from direct taxes by the end of this fiscal on March 31.
OneIndia News
