NCLAT: Can’t Dismiss Restoration App. if Filed in 30 Days from Date of Dismissal of Original App.  ||  Delhi HC: Communication between Parties through Whatsapp Constitute Valid Agreement  ||  Delhi HC Seeks Response from Govt. Over Penalties on Petrol Pumps Supplying Fuel to Old Vehicles  ||  Centre Notifies "Unified Waqf Management, Empowerment, Efficiency and Development Rules, 2025"  ||  Del. HC: Can’t Reject TM Owner’s Claim Merely because Defendant Could have Sought Removal of Mark  ||  Bombay HC: Cannot Treat Sole Director of OPC, Parallelly with Separate Legal Entity  ||  Delhi HC: Can Apply 'Family of Marks' Concept to Injunct Specific Marks  ||  HP HC: Can’t Set Aside Ex-Parte Decree for Mere Irregularity  ||  Cal. HC: Order by HC Bench Not Conferred With Determination by Roster is Void  ||  Calcutta HC: Purchase Order Including Arbitration Agreement to Prevail Over Tax Invoice Lacking it    

Central Government Proposes 39 Amendments in Finance Bill 2022 - (25 Mar 2022)

BANKING

Central Government has proposed 39 amendments in the Finance Bill 2022, including clarification on taxation of virtual digital assets (VDAs) or cryptocurrencies. The Bill has proposed a 30% tax on the transfer of cryptocurrencies. Further, the Bill proposes deduction of surcharge or Cess, which has been claimed and allowed to the taxpayer, to be deemed as under-reported income and subjected to 50% penalty.

Tags : CENTRAL GOVERNMENT   AMENDMENT TO FINANCE BILL 2022  

Share :        

Disclaimer | Copyright 2025 - All Rights Reserved