India Budget 2022 Highlights: Digital Currencies To Be Taxed At 30%, Digital Rupee To Be Launched In 2022-23, Says FM

With a focus on job creation, finance minister Nirmala Sitharaman announced a slew of measures to push infrastructure spending. However, the highlight was the lack of big bang tax sops and introduction of taxation on cryptos.


Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Tuesday announced Gati Shakti master plan for infrastructure development, hike in capital expenditure, expansion of national highway network by 25,000 kilometers and a master plan for expressways to boost economic growth for next financial year. Sitharaman also announced that the Reserve Bank of India will launch digital currency based on blockchain technology.

Here are the highlights of Union Budget 2022-23: