SC: Hindu Daughter-In-Law Widowed After Her Father-In-Law’s Death is Entitled to Maintenance  ||  SC: Vendor Remains a Necessary Party in Specific Performance Suits Even After Transferring Property  ||  Raj HC: Having Different Age Criteria For Contractual and Regular Appointments is Unconstitutional  ||  Delhi HC: Registered Property Title Prevails over Claims Based on Oral Family Settlements  ||  Gauhati HC: Only A Family Court Can Grant A Divorce under Muslim Law, Not A Civil Judge  ||  Del HC: Courts Cannot Compel Lawyers to Disclose Sources of Documents Filed on Clients' Instructions  ||  SC Explains When Shares Received After Company Amalgamation are Taxable as Business Income  ||  SC: Excavators, Dumpers Etc Used Within Factories aren’t Motor Vehicles For Road Tax Purposes  ||  SC: Complaints Alleging Fraud under Companies Act Can Be Filed Only By SFIO, Not By Private Parties  ||  SC: Preventive Detention Cannot Override Bail and Requires Proof of a Threat to Public Order    

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 2026 - All Rights Reserved