scorecardresearchGovernment to clear air on taxing NFT as digital assets: Report

Government to clear air on taxing NFT as digital assets: Report

Updated: 30 May 2022, 09:24 AM IST
TL;DR.
Likely to release guidelines on what will be covered within the ambit of digital assets ahead of first advance tax instalment
An NFT is a digital asset that exists on a blockchain, allowing anyone to verify its authenticity and ownership

An NFT is a digital asset that exists on a blockchain, allowing anyone to verify its authenticity and ownership