On the 1st of February 2022, India’s FM announced the new finance bill & a piece of positive news for all crypto believers came out as the Indian government, taxed crypto & NFTs, and termed them all as Virtual digital assets.
The finance bill also defined virtual digital assets as;
For full-text check: https://helpwithpenny.in/indias-taxation-rate-on-virtual-digital-assets-a-positive-approach-towards-future-or-nonsense/