Budget 2022 LIVE: Digital rupee, 5G, crypto tax, ECLGS key announcements

Budget 2022 LIVE updates: Finance Minister Nirmala Sitharaman is presenting her fourth Union Budget in Parliament in a paperless format just like last year. In a significant move that is believed to have brought cryptocurrencies and non-fungible tokens (NFTs) under a tax net, finance minister announced a 30 per cent tax on any income from the transfer of virtual digital assets, specifying that no deductions and exemptions will be allowed.

While presenting the Budget, FM Sitharaman said that the country is expected to grow at 9.27 percent and is in a strong position to withstand challenges due to higher vaccinations.

The National Highway network will be expanded by 25,000 kms in 2022-23. PM Gati Shakti will encompass the seven engines for multi-modal connectivity for the states with speedier implementation of development projects through technology to facilitate faster movement of people & goods through Rs 20,000 crore financed by the govt to speed up this project.

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