Supreme Court: GPF Nomination in Favour of a Parent Becomes Invalid Once the Employee Marries  ||  Supreme Court: Candidate Not Disqualified if Core Subject Studied Without Exact Degree Title  ||  Supreme Court: Stamp Duty Relief for Co-Operative Societies Cannot Depend on Extra-Legal Verification  ||  Delhi High Court: Allegations of Forgery Alone Do not Bar NCLT From Examining Company Records  ||  J&K&L HC: Only Revenue Authorities Can Handle Agrarian Resumption; Civil Courts Cannot Intervene  ||  Delhi HC: CAPF Candidate's Height of 164.6 Cm Can be Rounded to 165 Cm; Rejection Prima Facie Illegal  ||  NCLT Mumbai: Bank Cannot Retain OTS Earnest Money After Accepting a Resolution Plan  ||  Supreme Court: Imminent Death Not Required For a Statement to Qualify as Dying Declaration  ||  SC: HC Cannot Grant Pre-Arrest Bail Without Quashing FIR; Accused Must Approach Sessions Court First  ||  SC: Agreed Interest Rate Cannot Be Challenged as Exorbitant; Arbitrator Cannot Override Contract    

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