Multiple Choice Questions on How much tax will be levied on the transfer of virtual assets ........ for IBPS(Clerical) Exam Preparation

Indian Economy

Current GK (IBPS-CL)

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     How much tax will be levied on the transfer of virtual assets?

    20 percent 

    Incorrect Answer

    30 percent 

    Correct Answer

    40 percent

    Incorrect Answer

    50 percent 

    Incorrect Answer
    Explanation:

    (2) 30 percent 

    Any income earned from the transfer of virtual digital assets shall be taxed at a rate of 30 percent, announced FM Nirmala Sitharaman during her Union Budget 2022 speech. 


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