The #DigitalAssetBill is a significant step towards regulating virtual assets in India. It brings much-needed clarity on taxation, treating VDAs as property and capital assets. While the 30% tax and 1% TDS may seem high, this framework aims to increase transparency, prevent illicit activities, and align India with global standards. Clear definitions and reporting requirements will foster a more secure and mature digital asset ecosystem. Let's discuss the implications and opportunities this bill presents!