How much tax will be imposed on the transfer of virtual assets from April 1st?

92

A. 30 percent

B. 20 percent

C. 25 percent

D. 15 percent

Explanation:

Any income earned from the transfer of crypto assets will be taxed at 30 percent starting from April 1st. The tax rate will apply to all virtual digital assets and their earnings including non-fungible tokens and Bitcoin. The digital assets received as gifts will also be taxable.

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