FM Nirmala Sitharaman Announces Crypto Tax and Digital Rupee in Union Budget 2022

Finance Minister Nirmala Sitharaman revealed new policies on virtual digital assets and the digital rupee during the Union Budget 2022 presentation, including taxation details for crypto income.

FM Nirmala Sitharaman Announces Crypto Tax and Digital Rupee in Union Budget 2022
The Quint
403 views • Feb 1, 2022
FM Nirmala Sitharaman Announces Crypto Tax and Digital Rupee in Union Budget 2022

About this video

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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Views

403

Duration

6:21

Published

Feb 1, 2022

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