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  Budget 2022 LIVE updates : Finance Minister Nirmala Sitharaman will present her fourth Union Budget in Parliament at 11 am today in a paperless format just like last year. The Budget speech will be keenly watched by both domestic and foreign investors, various interest groups like farmers, crypto Investors, anxious middle class and corporate entities, besides parliamentarians. On Monday, the Economic Survey 2021-22, tabled by Finance Minister Nirmala Sitharaman in Parliament, projected the economy to grow by 8-8.5% in the financial year beginning April 1 and said it was well placed to meet the future challenges on the back of widespread vaccine coverage, supply-side reforms and easing of regulations. The Survey expects the economy to grow by 9.2% during the current financial year, indicating a recovery to the pre-pandemic level. Budget 2022 will also be keenly watched for any change in income tax rates and income tax slabs, besides the finance minister's fiscal deficit targ...

  Crypto or digital currencies are the latest fad across the world and India will next fiscal, beginning April 1, have its own version of the same which essentially would mirror the prevalent physical currency in digital form. The currency, called 'digital rupee', will be issued by the Reserve Bank in digital form and will be fungible with physical currency. Budget 2022 The exact regulation governing this Central Bank Digital Currency (CBDC) is yet to be finalised. CBDC is a digital or virtual currency but it is not comparable to the private virtual currencies or cryptocurrency that have mushroomed over the last decade. Private virtual currencies do not represent any person's debt or liabilities as there is no issuer. They are not money and certainly not currency. The RBI has been vehemently opposing private cryptocurrencies as they could have implications on national security and financial stability. Read More