Finance Minister Nirmala Sitharaman announced Budget 2022, one of the biggest announcements of this budget is the introduction of the Digital Rupee.
The Finance Minister has said that this year CBDC (Central Bank Digital Currency) will be introduced which will be managed by RBI and RBI will use Blockchain technology for this.
Along with this, the Finance Minister has also clarified that a 30% capital gain tax will be levied on the income from virtual digital assets and you cannot set off the loss from next year’s profit.
And if you gift these virtual digital assets to someone, then the recipient will have to pay tax.
Read Also: Bharat Dynamics share price rises 10%, BDL signs Rs 3,132-cr contract with Indian Army
This article is only for education purpose and the author has his own views and research, so if you invest in these stocks then do it at your own risk and do the research yourself before investing.
Read Also: EV Stocks rise: Battery swapping policy, interoperability standard to be formulated for e-vehicles
Read Also: Shares Marico ltd and Chambal Fertilizers & Chemicals Ltd declare Interim Dividend
Read Also: 6 Large cap stocks in which DIIs raise stake in Q3 of FY22
Finance Minister Nirmala Sitharaman also clarified that a 30% capital gain tax will be levied on income from virtual digital assets and you cannot set off the loss from next year’s profit.
Finance Minister Nirmala Sitharaman has said that this year (2022-23) CBDC (Central Bank Digital Currency) will be introduced which will be managed by RBI and RBI will use Blockchain technology for this.