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1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

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Virtual digital asset

Regulation & tax
Also called: VDA

The Indian tax law's term for crypto and similar assets, taxed at a flat 30% with 1% TDS and no loss offset.

In plain terms

Being taxed is not the same as being regulated. The state will tax the gains; it will not help recover the capital.

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Indian stock market glossary · Market Vidyalaya