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      • Budget 2022 Live: Digital Rupee To...
      Budget

      Budget 2022 Live: Digital Rupee To Be Launched By RBI In FY23

      Watch this space for live updates on the Union Budget for financial year 2023

      By - Mohammed Kudrati |
      Published -  31 Jan 2022 2:30 PM IST
      • Boomlive
      Budget 2022 Live: Digital Rupee To Be Launched By RBI In FY23

      The Union Budget will be presented by Finance Minister Nirmala Sitharaman in Lok Sabha today at 11 am, and will spell out the course of the government's fiscal trajectory for the upcoming financial year.

      It comes as the economy continues its recovery from the COVID-19 pandemic, and will layout the game plan of the government's roadmap ahead. It also comes at a time when inflation is a concern globally and in India, and central banks across the world start a taper, and close their taps on global pandemic-era easy money.

      With stronger governmental revenues this financial year, the fiscal deficit target will also be seen. The fiscal deficit target for this year is 6.8% of GDP.

      Stay tuned with BOOM on live updates on the Union Budget


      Live Updates

      2022-01-31 09:00:53
      • 1 Feb 2022 4:39 PM IST

        "Zero Sum Budget": Rahul Gandhi


        M0di G0vernment’s Zer0 Sum Budget!

        Nothing for
        - Salaried class
        - Middle class
        - The poor & deprived
        - Youth
        - Farmers
        - MSMEs

        — Rahul Gandhi (@RahulGandhi) February 1, 2022


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      • 1 Feb 2022 4:07 PM IST

        A difference between crypto 'assets' and currencies: FM

        An RBI issued digital currency can be considered as a currency, since it is backed and issued by the government, said FM Nirmala Sitharaman. Anything outside this perview, including cryptocurrencies, will not be treated as currencies, and is not being defined as such. Rather, it will be a digital asset. Any profits arising from the transfer of this asset is being taxed at 30%. 



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      • 1 Feb 2022 3:47 PM IST

        Welcome Union Budgets Towards 'Aatmanirbhar Bharat": UP CM Yogi Adityanath


        केंद्रीय बजट 2022-23 पर... #AatmanirbharBharatKaBudget https://t.co/R17RBdF6kc

        — Yogi Adityanath (@myogiadityanath) February 1, 2022


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      • 1 Feb 2022 3:42 PM IST

        A "Pegasus-Spin Budget": West Bengal CM Mamata Bannerjee


        BUDGET HAS ZERO FOR COMMON PEOPLE, WHO ARE GETTING CRUSHED BY UNEMPLOYMENT & INFLATION. GOVT IS LOST IN BIG WORDS SIGNIFYING NOTHING - A PEGASUS SPIN BUDGET

        — Mamata Banerjee (@MamataOfficial) February 1, 2022


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      • 1 Feb 2022 3:04 PM IST

        FM Nirmala Sitharaman's Post-Budget Presser At 3:45 PM


        Finance Minister Smt. @nsitharaman to address press conference post presentation of Union Budget 2022-23 in Parliament at 03.45 PM, NMC, on 1st Feb 2022

        Watch Live:
        📺 https://t.co/8i7M4kzSRA

        FB➡️https://t.co/GVfVncctpK

        Follow for LIVE updates
        Twitter➡️https://t.co/XaIRg3fn5f

        — Ministry of Finance (@FinMinIndia) February 1, 2022


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      • 1 Feb 2022 2:47 PM IST

        Positive Step For Indian Crypto: Nischal Shetty

        CEO and Founder of cryptocurrency exchange WazirX, with a significant online presence, calls taxation clarity on cryptocurrency a positive step. The government introduced a 30% tax on cryptocurrency and other digital asset transactions.

        Hope to see a reduction of crypto ban fear in India

        India just taxed crypto 💪

        Lot to unpack here but overall this is a very positive step forward for crypto ecosystem in India 🇮🇳#IndiaWantsCrypto

        — Nischal (WazirX) ⚡️ (@NischalShetty) February 1, 2022

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      • 1 Feb 2022 2:36 PM IST

        Proud To Be Indian: Uday Kotak


        Budget: trust based governance to build atmanirbhar bharat. Reposes faith in taxpayers, entrepreneurs, investors. Build an open, digital and inclusive India with a 25 year vision. I am proud to be Indian.

        — Uday Kotak (@udaykotak) February 1, 2022


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      • 1 Feb 2022 2:35 PM IST

        Reactions start pouring in on the Union Budget


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      • 1 Feb 2022 12:52 PM IST

        The Finance Minister's speech went on for nearly 90 minutes


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      • 1 Feb 2022 12:51 PM IST

        That concludes the presentation of the Union Budget for FY23

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      Tags

      Economic SurveyUnion BudgetNirmala SitharamanLok Sabha
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