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."
The Asian Development Bank (ADB) signed a loan agreement worth $2 million with the Indian Government to support the designing of climate-resilient urban infrastructure and strengthening institutional capacity and improving municipal resource mobilisation in Nagaland.
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.