Budget 2022 - RBI to issue digital rupee in 2022-23

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desiman
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Reserve Bank of India to issue digital rupee in 2022-23 using blockchain technology, Finance Minister Nirmala Sitharaman has announced.

To reduce the delay in payment, an online bill system to be launched which will be used by all central ministries

A completely paperless, e-bill system will be launched by ministries for procurement

All post offices to be linked with Core Banking Solution to push financial inclusion, Finance Minister Sitharaman announced in her Budget speech on Tuesday, and 75 digital banks in 75 districts will be set up by scheduled commercial banks to encourage digital payments.

Deal Cadet Deal Cadet
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no tax benefit for middle class in Income tax

Deal Cadet Deal Cadet
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Dealhunting wrote:

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it is the Upr class boss influencing the middle class to vote.
… the headless chickens know only to follow

Deal Cadet Deal Cadet
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So that they can squeeze out 30% tax. Meanwhile middle class got baba ji thoollu

Deal Cadet Deal Cadet
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I did not understand. what is virtual digital asset?

is it crypto?

Deal Lieutenant Deal Lieutenant
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bpadman wrote:

I did not understand. what is virtual digital asset?

is it crypto?

Crypto, NFT

Entertainer Entertainer
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bpadman wrote:

I did not understand. what is virtual digital asset?

is it crypto?

Digital Gold included toungueout

Sale Day King Sale Day King
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saucap wrote:

Digital Gold included toungueout

I have redeemed my Rs. 150 worth gold from mobikwik in the morning (Earned with CC pill payment) smile

Deal Lieutenant Deal Lieutenant
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dosto in logo ne itr deductions me kuch rahat di?

Deal Lieutenant Deal Lieutenant
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starbearer wrote:

Nope.

any bad or worse news for people investing in stocks or mutual funds or international markets?

Deal Subedar Deal Subedar
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kukdookoo wrote:

dosto in logo ne itr deductions me kuch rahat di?

you can expect in 2024 before loksabha election. But beware, this is only “expectations”, far behind from reality. 

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