The second round of new taxes introduced through the contentious Finance Act 2023 kicks in on Friday, whose impact will be felt across several industries including cement, steel, paper, suppliers, digital and creative economy, and entertainment.
From Friday, September 1, the sale of cryptocurrencies, content, music, ebooks, photos, documents, videos, logos, animations, illustrations and social media accounts, among other digital assets, will attract a 3.0 percent tax.