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There is an important development regarding digital Rupee. The Reserve Bank of India (RBI) is expected to launch its digital currency in the upcoming fiscal year.
RBI's digital Rupee will be based on blockchain technology. In this context, it must be noted that the US President Joe Biden has also spoken about the launch of digital Dollar and regulation of the cryptocurrency market.
See Zee Business Live TV Streaming Below:
<iframe allow="accelerometer; autoplay; encrypted-media; gyroscope; picture-in-picture" allowfullscreen="" frameborder="0" height="315" src="https://www.zeebiz.com/live-tv/embed" width="100%"></iframe>
Though there is not much development on the cryptocurrency bill in India, it is expected that the digital Rupee will be launched in the upcoming fiscal year.
 
<blockquote><a href="https://twitter.com/hashtag/BreakingNews?src=hash&amp;ref_src=twsrc%5Etfw">#BreakingNews</a>
आर्थिक मामलों के सचिव का बयान..
अगले वित्त वर्ष में RBI डिजिटल RUPEE लॉन्च करेगा 
ब्लॉकचेन तकनीक पर आधारित होगा RBI का डिजिटल RUPEE<a href="https://twitter.com/hashtag/DigitalCurrency?src=hash&amp;ref_src=twsrc%5Etfw">#DigitalCurrency</a> <a href="https://twitter.com/hashtag/DigitalRupee?src=hash&amp;ref_src=twsrc%5Etfw">#DigitalRupee</a> <a href="https://twitter.com/hashtag/RBI?src=hash&amp;ref_src=twsrc%5Etfw">#RBI</a> <a href="https://t.co/efEMFF2wYn">pic.twitter.com/efEMFF2wYn</a>
— Zee Business (@ZeeBusiness) <a href="https://twitter.com/ZeeBusiness/status/1501817069909676032?ref_src=twsrc%5Etfw">March 10, 2022</a></blockquote>
<script async="" src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>While presenting the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India (RBI) will launch digital rupee during this year. The FM further noted that this would give a big boost to the economy.
As per an ANI report on February 4, 2022, while speaking with the news agency, a senior finance ministry official said, "If you buy something from a shopkeeper and pay through digital money and that digital money is used to pay his vendor by shopkeeper, RBI will have all the data of transaction done with the digital rupee."
The official pointed out that black money proceeds are usually received in cash from underground economic activity and, as such, are not taxed. However, if RBI has the transaction trail of every digital rupee then it will be difficult for a person to evade taxes.

There is an important development regarding digital Rupee. The Reserve Bank of India (RBI) is expected to launch its digital currency in the upcoming fiscal year.RBI's digital Rupee will be based on blockchain technology. In this context, it must be noted that the US President Joe Biden has also spoken about the launch of digital Dollar and regulation of the cryptocurrency market.See Zee Business Live TV Streaming Below:Though there is not much development on the cryptocurrency bill in India, it is expected that the digital Rupee will be launched in the upcoming fiscal year. #BreakingNewsआर्थिक मामलों के सचिव का बयान..अगले वित्त वर्ष में RBI डिजिटल RUPEE लॉन्च करेगाब्लॉकचेन तकनीक पर आधारित होगा RBI का डिजिटल RUPEE#DigitalCurrency #DigitalRupee #RBI pic.twitter.com/efEMFF2wYn— Zee Business (@ZeeBusiness) March 10, 2022While presenting the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India (RBI) will launch digital rupee during this year. The FM further noted that this would give a big boost to the economy.As per an ANI report on February 4, 2022, while speaking with the news agency, a senior finance ministry official said, "If you buy something from a shopkeeper and pay through digital money and that digital money is used to pay his vendor by shopkeeper, RBI will have all the data of transaction done with the digital rupee."The official pointed out that black money proceeds are usually received in cash from underground economic activity and, as such, are not taxed. However, if RBI has the transaction trail of every digital rupee then it will be difficult for a person to evade taxes.

There is an important development regarding digital Rupee. The Reserve Bank of India (RBI) is expected to launch its digital currency in the upcoming fiscal year.

RBI expected to launch digital rupee in FY23; what you need to know?

news-rbi-expected-to-launch-digital-rupee-in-fy23-what-you-need-to-know-180704

There is an important development regarding digital Rupee. The Reserve Bank of India (RBI) is expected to launch its digital currency in the upcoming fiscal year. RBIs digital Rupee will be based on blockchain technology. In this context, it must be noted that the US President Joe Biden has also spoken about the launch of digital Dollar and regulation of the cryptocurrency market. See Zee Business Live TV Streaming Below: Though there is not much development on the cryptocurrency bill in India, it is expected that the digital Rupee will be launched in the upcoming fiscal year.   #BreakingNews आर्थिक मामलों के सचिव का बयान.. अगले वित्त वर्ष में RBI डिजिटल RUPEE लॉन्च करेगा ब्लॉकचेन तकनीक पर आधारित होगा RBI का डिजिटल RUPEE#DigitalCurrency #DigitalRupee #RBI pic.twitter.com/efEMFF2wYn — Zee Business (@ZeeBusiness) March 10, 2022 While presenting the Union Budget 2022-23, Finance Minister Nirmala Sitharaman announced that the Reserve Bank of India (RBI) will launch digital rupee during this year. The FM further noted that this would give a big boost to the economy. As per an ANI report on February 4, 2022, while speaking with the news agency, a senior finance ministry official said, If you buy something from a shopkeeper and pay through digital money and that digital money is used to pay his vendor by shopkeeper, RBI will have all the data of transaction done with the digital rupee. The official pointed out that black money proceeds are usually received in cash from underground economic activity and, as such, are not taxed. However, if RBI has the transaction trail of every digital rupee then it will be difficult for a person to evade taxes.