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ArticlePeer ReviewedOpen AccessPlagiarism Passed
Paper ID:10.55041/IJSREM18440

INVESTORS’ OPINIONS TOWARDS DIGITAL VIRTUAL ASSET INVESTMENTS PROPOSAL ON UNION BUDGET 2022

Stream/Area:

-

Subject:

-

Paper ID:

10.55041/IJSREM18440

Volume:

7 |

4 |

Apr 2023

Pages:

Publication Frequency:

Monthly (12 issues per year)

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Not assigned

License:International Journal of Scientific Research in Engineering and Management follows the Creative Commons Attribution 4.0 (CC BY 4.0) License, allowing free use and distribution with proper attribution.

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Authors

DKK

Dr. K. Karthick

DSM

Dr. SP. Mathiraj

AN

A. Nithyakarpagam

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Abstract

In present scenario Cryptocurrency which plays a vital role in the development of economies throughout the world. Coins were introduced in 2009, but they gained high importance in 2021. In India, the cryptocurrency is still common. Even now, cryptocurrency is considered illicit activities in India. In 2020, the cryptocurrency transaction volume was 0.62%. In 2021, the transaction volume was 0.15%. Our government was even changed the name as Digital Virtual Assets with Blockchain system instead of Cryptocurrency. According to the Indian government’s proposals in the 2022-2023 union budget, digital virtual assets will be taxed 30%, this shows our government planned that a digital virtual asset would become legal in the future. To address this research paper, the researcher should describe the tax regime on digital virtual assets and then explore the views of investors and industrialist in regard to the proposed tax on these assets. The study has dependent on secondary source of data.

KEYWORDS

Digital Virtual Asset Cryptocurrency Tax regime proposed.

Cite This Article

Dr. K. Karthick, Dr. SP. Mathiraj, A. Nithyakarpagam, "INVESTORS’ OPINIONS TOWARDS DIGITAL VIRTUAL ASSET INVESTMENTS PROPOSAL ON UNION BUDGET 2022," International Journal of Scientific Research in Engineering and Management, vol. 7, no. 4, Apr 2023. https://doi.org/10.55041/IJSREM18440

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Publication Date

4/19/2023

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Double-Blind Peer Review

Review Rounds: 2

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The authors declare no conflict of interest related to this research work.

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