Explained: FM's Announcements on Crypto Tax, Digital Rupee

The Quint
The Quint
  • 2 years ago
Presenting the Union Budget 2022 on Tuesday, Finance Minister Nirmala Sitharaman announced that any income from the transfer of 'virtual digital assets' would be taxed at 30 percent. She also said that the 'Digital Rupee' based on blockchain technology would be rolled out by the RBI in the financial year 2022-23. Coin Crunch CEO Naimish Sanghvi talks about the implications.

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