{"id":832104,"date":"2024-07-12T09:21:06","date_gmt":"2024-07-12T03:51:06","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=832104"},"modified":"2024-07-12T10:11:24","modified_gmt":"2024-07-12T04:41:24","slug":"crypto-industry-body-requests-reduction-in-tds-to-0-01-in-budget","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/07\/12\/crypto-industry-body-requests-reduction-in-tds-to-0-01-in-budget\/","title":{"rendered":"Crypto industry body requests reduction in TDS to 0.01% in Budget"},"content":{"rendered":"<p>A body representing the crypto and Web3 industry has urged the Union finance ministry to lower the tax deducted at source (TDS) on transfers of virtual digital assets (VDAs) from 1 per cent now to 0.01 per cent. <\/p>\n<p>The Bharat Web3 Association (BWA), the industry body, has asked for a review of the flat 30 per cent tax rate applicable to income from the transfer of VDAs.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A body representing the crypto and Web3 industry has urged the Union finance ministry to lower the tax deducted at source (TDS) on transfers of virtual digital assets (VDAs) from 1 per cent now to 0.01 per cent. The Bharat Web3 Association (BWA), the industry body, has asked for a review of the flat 30 per cent tax rate applicable to income from the transfer of VDAs.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[9,34,4],"tags":[],"class_list":["post-832104","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832104","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=832104"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/832104\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=832104"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=832104"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=832104"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}