#DigitalAssetBill The #DigitalAssetBill, formally part of India's Finance Bill 2025, introduces a legal framework for virtual digital assets (VDAs), including cryptocurrencies. It mandates entities handling crypto assets to report transactions to tax authorities, enhancing transparency and compliance. The bill retains the existing 30% tax on crypto gains and a 1% TDS on transactions above specified thresholds. These measures aim to align India's tax structure with global standards and strengthen oversight of digital assets. The government emphasizes that these provisions are steps toward regulatory clarity, not a ban on cryptocurrencies, reflecting a shift from earlier restrictive stances.