This one-of-a-kind book provides a complete analysis (from an Income-tax & GST perspective) of the new scheme of taxation of Virtual Digital Assets (VDAs), which includes Cryptocurrencies and Non-fungible Tokens (NFTs).
This book helps the reader to understand the following:
• Basic Concepts & Ecosystem of VDAs
• Difference between the New & the Old Scheme of taxation of VDAs
• GST Implications on VDAs
• Current Tax Challenges
This book also explains the essential taxonomy of the following:
• Crypto Assets
• NFTs
• Blockchain Technology
• Distributed Ledger Technology
• Airdrop
• Mining, etc.
The Present Publication is the First Edition, authored by Taxmann's Editorial Board. This book is amended by the Finance Act 2022.