India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23

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India to Levy 30% Tax on Crypto Income, CBDC Launch in 2022-23
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Indian Finance Minister Nirmala Sitharaman announced a 30% tax on any income from the transfer of virtual digital assets, a first for the nation. By amitoj

India's Finance Minister Nirmala Sitharaman Presents Budget To Parliament

Additionally, she also said that the digital rupee will most likely be issued in the 2022-23, which is the first time the government has given a timeline on the launch of a central bank digital currency .

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