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With reference to the TDS on virtual digital assets (VDA), consider the following statements:1. The Government of India recently clarified that the TDS on virtual digital assets (VDA) continues to be 3%.2. The Centre had set a 30% taxation on the gains from the cryptocurrency assets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? for UPSC 2025 is part of UPSC preparation. The Question and answers have been prepared according to the UPSC exam syllabus. Information about With reference to the TDS on virtual digital assets (VDA), consider the following statements:1. The Government of India recently clarified that the TDS on virtual digital assets (VDA) continues to be 3%.2. The Centre had set a 30% taxation on the gains from the cryptocurrency assets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer? covers all topics & solutions for UPSC 2025 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for With reference to the TDS on virtual digital assets (VDA), consider the following statements:1. The Government of India recently clarified that the TDS on virtual digital assets (VDA) continues to be 3%.2. The Centre had set a 30% taxation on the gains from the cryptocurrency assets.Which of the statements given above is/are correct?a)1 onlyb)2 onlyc)Both 1 and 2d)Neither 1 nor 2Correct answer is option 'B'. Can you explain this answer?.

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