Nirmala Sitharaman, the Finance Minister of India, in her Budget speech for 2022 has announced a new taxation framework to be applicable on digital assets.
In this video, Shehnaz Ahmed (Lead, Fintech), discusses the impact of this proposed tax with Aashima Sawhney & Yeesha Shriyan, Research Fellows in the Tax Law vertical at Vidhi. Watch out for part 2 of the video which will explore the introduction of a digital rupee, also part of the Budget 2022 announcement.
Read Vidhi’s paper ‘Blueprint of a Law for Regulating Cryptoassets’.