Nirmala Sitharaman in the Union Budget 2022 announced that "any income from transfer of any virtual digital asset shall be taxed at the rate of 30 per cent."
NITI Aayog plans to launch the National Data and Analytics Platform, which will deliver government data in a user-friendly manner and encourage data-driven decision making and research.
The Advisory Committee will be chaired by the Union Minister of Electronics and IT, Ashwini Vaishnaw, while the Minister of State, Ministry of Electronics and IT (MeitY), Rajeev Chandrashekhar will be the Vice-Chairperson.
NPCI International Payments Ltd (NIPL), the international arm of NPCI, has entered the UAE market by partnering with NeoPay, the payment subsidiary of Mashreq Bank. BHIM UPI service has been made live on NeoPay terminals.